Soybean Futures Lower

January Soybeans are trading at 1011 3/4, down 9 3/4 cents/bushel. January Soymeal is trading at 310.0, down 2.2 $/ton. January Soybean Oil is trading at 36.14, down 0.42 cents/lb. Soybean futures are trading just above the session lows. The USDA reported on Monday that soybean export inspections as of December 15th are now 53.2 percent of the agency forecast versus the five year average of 49.8 percent.