Chicago Board of Trade soyabean futures fell to a two-week low on Friday, with traders focused on the possibility of declining demand from top global importer China. The US Department of Agriculture has not reported any new soyabean sales this week. Soyameal futures closed in positive territory on some technical buying after sinking to their lowest since April 4.
Soyaoil futures were slightly weaker as the market held support above the 10-1/2-month lows hit earlier this week. For the week, CBOT May soyabeans were down 2.3 percent. May soyaoil futures dropped 2.1 percent this week and May soyameal was off 0.6 percent.