Grain and soy futures prices were mixed as last evening’s trading began, but they soon drifted lower with soybeans and soymeal taking the lead in typical holiday volume. The lower move continued after the trading recess and began to accelerate about midway through the day session with the soy complex still in the lead. Much of the selling is technical chart-related, but cash merchants report a modest pickup in selling by farmers apparently in need cash or wanting to take some income in 2017 ahead of the new tax law that goes into effect 1 January. The soy complex lost its forward momentum today. January soybeans closed down 9.75 cents ahead of first delivery intentions, and the March contract fell 10.75 cents. Soyoil was the big lose...