CBOT soybeans tip down amid choppy trading
CHICAGO, Nov 1 (Reuters) -Chicago Board of Trade most-active soybean futures drifted slightly lower in choppy trading on Friday after rising earlier on strong U.S. export sales.
CBOT November soybeans SX24 were unchanged at $9.82-1/2 per bushel, settling down 0.53% for the week.
Most-active January soybeans SF25 lost 3/4 cent to $9.93-3/4 per bushel.
CBOT December soymeal SMZ24 ended down $4.20 at $295.30 per short ton and December soyoil BOZ24 rose 1.16 cents to finish at 46.30 cents per pound.
Improved crop weather in top global soybean producer Brazil limited rallies.
The USDA confirmed private sales of 132,000 metric tons of U.S. soybeans to China and another 198,000 tons to undisclosed destinations, all for delivery in the 2024/25 marketing year that began Sept. 1.
The USDA also confirmed private sales of 30,000 metric tons of U.S. soyoil to India.
CBOT soyoil gained on spillover strength from crude oil and helped to support soybeans.
Reporting by Heather Schlitz; editing by Diane Craft
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