Soybeans closed out Tuesday with losses of 9 to 10 ¼ cent in the front months to follow up the Monday pullback. The cmdtyView national average Cash Bean price was 10 1/4 cents lower at $9.66 1/4. Soymeal futures were a pressure factor, down $4.50 to $8.20, as Soy Oil futures are up 80 to 96 points. There were 26 deliveries issued against soybeans on Friday night, with 30 for January bean oil.
USDA reported a private export sale of 168,000 MT of soybeans to China this morning, with 152,404 MT reported as sold to Mexico.
