November Soybeans finished down 2 1/2 at 1344 1/2, 10 off the high and 36 1/2 up from the low. January Soybeans closed down 2 1/2 at 1362. This was 34 1/4 up from the low and 9 off the high.

December Soymeal closed up 1.4 at 367.2. This was 10.9 up from the low and 1.6 off the high.

December Soybean Oil finished down 0.65 at 54.6, 0.66 off the high and 1.25 up from the low.

After trading sharply lower overnight, soybeans started lower this morning, but chopped higher to finish slightly lower. Meal finished higher and oil finished lower. Early weakness was credited to a sharply higher dollar overnight and into today's session. Weather was also a factor again today with wetness being taken out of the market to start the day and some forecasters putting some moisture back in later in today's session. Rain is expected to stay in the extreme NW over the next few days with some lighter rains - perhaps only 1/10 to 1/4 inch - in Iowa. Rains next week are also expected to miss most major growing areas. With 88% of the soybean crop now having set pods, it is thought that this dryness could pull yields below 40 bushels per acre as has already been suggested by the Pro Farmer crop tour. News is light today with outside markets and rains the major factors according to floor traders. Cash markets are steady to firm in the interior on farm light movement. However, nearby basis levels were higher at the Gulf due to a lack of supply in the pipeline. River traffic is restricted to one-way at two points above St. Louis on the Upper Mississippi and also at one point on the Illinois River.