Soybean Prices Decline Amid Limited Trading Activity on Friday

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On Friday, January 26, soybean futures decreased, with front months down 3 to 4½ cents, while January futures closed at $10.58¾, a drop of 4½ cents. The cmdtyView national average Cash Bean price rose by 4 cents to $9.88½. Soymeal futures fell by 50 cents to $1 per ton, although January maintained a $6.10 increase for the week.

Trading activity was limited due to the holiday, causing thinner market movements. The next Export Sales report, covering the week ending December 18, is scheduled for release next Wednesday. Additionally, soy oil futures fell by 30 to 35 points, while January futures increased by 82 points over the week.

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