Soybean futures closed lower on Thursday, with cash bean prices down 2 3/4 cents to $10.05. Export sales data showed 818,972 MT of soybeans sold, with China as the top buyer. Soybean meal sales were at 464,297 MT, while soybean oil sales were at 22,052 MT. November soybean exports were the lowest since 2007.

USDA will release crush data on Monday, with traders expecting 230.4 mbu of soybeans crushed in December. Soybean futures closed at $10.72 1/4 for Mar 26, $10.85 3/4 for May 26, and $10.99 3/4 for Jul 26. Cash bean prices closed at $10.05.

Soybeans saw lower prices on Thursday as contracts closed 1 to 3 cents lower. Export sales data for soybeans, meal, and oil showed a decrease from the previous week but remained strong overall. November soybean exports were the lowest since 2007. USDA will release crush data on Monday.

Read more at Yahoo Finance: Soybeans Fall Back on Thursday