Soybean futures closed higher on Friday, with September up 14 ¼ cents for the week. Soymeal futures were down a dime, and Soy Oil futures were up. The EPA granted exemptions to 63 small refineries, denying 28 petitions. Spec funds flipped to net long positions in soybean futures and options.

Weekly Export Sales data shows old crop soybean commitments meeting USDA projections, but new crop sales are down. ProFarmer estimates the 2025 soybean national yield at 53 bpa, below USDA’s previous estimate. Soybean prices closed higher on Friday, with Sep 25 Soybeans at $10.36 1/2.

Read more at Yahoo Finance: Soybeans Post Friday Strength, Led by Bean Oil