Soybeans were down 9 to 17 cents across the board on Friday, as November held on for a 7 cent gain for the week. The cmdtyView national average Cash Bean price was down 16 1/4 cents at $12.44 1/4. Soymeal futures were back down $7 to $14.10 in the front months, with October posting a $7.80 gain this week. Soy Oil were down 89 to 129 points on Friday, with October down 149 points this week.
CFTC data from Friday showed managed money backing off from their previous record net long in soybean futures and options by 21,321 contracts in the week of 9/15 to 244,710 contracts.
