Soybean Futures Trading Lower

March Soybeans are trading at 1056 3/4, down 4 1/2 cents/bushel. November Soybeans are trading at 1030 1/2, down 3 3/4 cents/bushel. March Soymeal is trading at 345.9, down 1.0 $/ton. March Soybean Oil is trading at 33.69, down 0.25 cents/lb.

Soybean futures are trading a little lower after Wednesday's move up.

Chatter that strength in the Brazilian Real has caused producers in Brazil to hold back on selling supplies of harvested soybeans has been supportive. Talk that Brazil's soybean yields are increasing has led to some selling.

The USDA weekly export data is due out at 8:30 a.m. ET.