Soybeans prices are down 7 to 9 cents, with Cash Bean price at $9.79 3/4. Soymeal futures dropped $3.50 to $4/ton, while Soy Oil futures rose 2 to 6 points due to a crude oil bounce. USDA reported a private export sale of 100,000 MT of soybeans to Egypt. Export Inspections showed a total of 750,312 MT shipped, 19.3% lower than the previous week. Jan 26 Soybeans at $10.49 3/4, Nearby Cash at $9.79 3/4, Mar 26 Soybeans at $10.63 3/4, May 26 Soybeans at $10.76 1/2.
Read more at Yahoo Finance: Soybeans Falling on Monday
