Soybean futures are up 5 to 10 cents on Monday, recovering from Friday’s losses. Open interest increased by 1,105 contracts. Cash bean prices rose to $9.70, while soymeal futures dropped and soy oil futures gained. Export sales data is expected to show soybean bookings between 0.7-1.8 MMT for 2025/26.

November crush data revealed 220.48 mbu of soybeans crushed, down 6.7% from last month but up 4.98% year-over-year. Crush for Q1 of 2025/26 was up 49.5 mbu from last year. Soybean oil stocks stood at 2.16 billion lbs, 33.72% higher than last year. Jan 26 soybeans closed at $10.29 1/2.

Nearby cash soybeans closed at $9.70, up 6 1/4 cents. Mar 26 soybeans closed at $10.45 3/4, down 1 3/4 cents. May 26 soybeans closed at $10.58 1/2. Soybeans are rallying early on Monday, showing potential for positive momentum.

Read more at Yahoo Finance: Soybeans Rallying Early on Monday