January Soybeans finished up 1/4 at 1202 3/4, 15 3/4 off the high and 6 1/4 up from the low. March Soybeans closed up 1/4 at 1212 1/4. This was 5 1/4 up from the low and 15 3/4 off the high. December Soymeal closed down 0.2 at 310.5. This was 0.3 up from the low and 5.0 off the high. December Soybean Oil finished up 0.05 at 50.85, 0.4 off the high and 0.44 up from the low. January soybeans closed near unchanged on the day with an inside trading sessions. The market saw some early strong gains but the set-back in corn values and the inability of the market to push over yesterday’s highs helped trigger the sell-off to just slightly higher on the day into the mid-session. A supportive tone to outside market forces and rumors that China had purchased 2-4 cargoes of US soybeans and light producer selling in the US were all seen as positive forces early today. However, the support from outside forces diminished as the US dollar strengthened from early lows and the stock market gave back much of the early gains. Private estimates yesterday and today which were higher than last months USDA forecast added to the weaker tone into the mid-session. Favorable weather for the start of the South America growing and planting season is also seen as a negative factor.Bron:CME