Soybeans dropped out of the report’s release, but firmed up into the close. New crop futures finished the day above the $12/bu mark with 5 to 8 cent losses. The old crop market also firmed up for the close, but were still down by 11 to 12 ¼ cents for the day and 32 cents for the week. Soymeal futures ended the day with $0.10 to $1.50 losses across the front months. March meal was down by nearly $10/ton at the day’s low. Soy oil futures ended the Friday session with 43 to 47 point losses, leaving the March contract at a net 62 point gain for the week. As a reminder the market is closed on Monda…