Soybeans Little Lower

Soybeans are trading a little lower Wednesday morning. July soybeans are trading at 941 3/4, down 4 3/4 cents.

November soybeans are trading at 919 1/4, down 4 1/4 cents. July soybean oil is trading at 32.32, up 0.14. July soymeal is trading at 304.6, down 2.5. On Tuesday Weekly export inspections came in at 341,097 tonnes.

Chatter about more acreage and good weather for crops has kept sellers active. Chatter about possible wide trading ranges due to positioning before the holiday on Monday is making the rounds.