Soybean| US Soybean futures edged lower, but were poised to record weekly.

US Soybean futures edged lower, but were poised to record weekly gains of nearly 1 percent on concerns over tight old crop supplies after the US Department of Agriculture pegged exports above market expectations. Exports from theUSAhave been better that expected. Indian Soy oil futures rose due to shrugging of losses in the global market.