Soybeans saw gains of 8 to 10 cents on Thursday, with the national average Cash Bean price at $9.82. Soymeal futures dropped $2.20 to $5, while Soy Oil futures rose 122 to 199 points. USDA reported private export sales of 435,000 MT of soybeans to various destinations, with China and unknown buyers making significant purchases. Export Sales data from USDA showed strong sales of 2.06 MMT, with China leading purchases. Soybean meal sales were at 340,579 MT, and bean oil sales were 14,113 MT. NOPA reported 224.991 million bushels of soybeans crushed in December, along with increased soybean oil stocks. The EPA is expected to finalize RVOs for 2026 by early March, with biodiesel ranges slightly lower than proposed. Brazil’s soybean production estimates were mixed, with CONAB cutting projections by 1 MMT and AgroConsult increasing theirs by 4.1 MMT. Soybean prices closed higher on the market, with Mar 26 Soybeans at $10.53, Nearby Cash at $9.82, May 26 Soybeans at $10.64 1/4, and Jul 26 Soybeans at $10.76 1/4.

Read more at Yahoo Finance: Soybeans Hold Gains into the Close on Bean Oil Strength