Soybeans experienced losses on Friday, with January down by 32 cents for the week. The average cash bean price was $10.34 1/2. Soymeal futures saw a weekly loss of $11.30 for January contracts, while Soy Oil futures were down as well. The USDA reported a private export sale of 462,000 MT of soybeans to China. The CFTC Commitment of Trade data showed managed money increasing their net long position significantly. The USDA Export Sales reports backlog will have data for the week ending on 11/6. WASDE data will be updated on Tuesday, and Argentina soybeans are estimated at 45% planted.

Read more at Yahoo Finance: Soybeans Fall into the Weekend as Traders Fade Chinese Purchases