Soybeans Extend Losses to Thursday’s Close

Soybeans rounded out the Thursday session with losses of 6 to 7 cents as weakness continues. The cmdtyView national average Cash Bean price was 5 3/4 cents lower at $9.81 1/4. Soymeal futures were 20 cent so $1.00 higher, with Soy Oil futures down 41 to 47 points. USDA reported a private export sale of 114,000 MT of soybeans to unknown destinations this morning. Weekly Export Sales data from this morning showed 1.106 MMT in soybean sales for the week ending on 11/27, in the middle of 0.6-2 MMT estimates. That was a drop of 52.3% from the week prior…