Soybean Futures Little Lower

Soybean futures are trading in the middle of the session range. March Soybeans are trading at 1002, down 2 cents/bushel. March Soymeal is trading at 312.5, down 0.8 $/ton. March Soybean Oil is trading at 34.92, down 0.17 cents/lb. Soybean futures are trading a little above the session lows. Market talk about demand ahead for U.S. soybeans and South American soybean production is making the rounds. Chatter about traders adjusting positions ahead of the long holiday weekend is showing up. Soybean, corn and wheat futures close today at 1:05 p.m. ET and will be closed Monday in observance of the Christmas holiday. Soybean, corn and wheat futures will open Monday night at normal time.