Soybeans turned lower early on in the trading session and stayed there the entire day. Soybean harvest is 43% complete nationally, ahead of the 5-year average, and key states have been making some decent progress. While the USDA reported a pair or export sales on Wednesday, export demand for beans isn’t quite what it has been as the market continues to face pressure from its global competition, mainly Brazil. Soybean products (oil and meal) were both lower on Wednesday.
