Soybean Futures Little Changed

May Soybeans are trading 1007, up 1/2 of a cent/bushel. November Soybeans are trading at 1001 1/2, up 1 3/4 cents/bushel. May Soymeal is trading at 329.3, up 0.6 $/ton. May Soybean Oil is trading at 32.56, down 0.12 cents/lb.

Soybeans futures are trading steady. Market chatter about southern hemisphere soybeans supplies and demand for U.S. soybeans is making the rounds. Trading is rangebound.

The USDA weekly soybean export inspection report is due out at 11:00 a.m. ET.