Soybeans rallied with futures closing up 15 to 18 cents, with 401 deliveries against January soybeans. Cash bean price rose to $9.87 1/4. Soymeal futures were higher, with soy oil futures up. Export Inspections data showed soybean shipments at 980,518 MT, with China as the top destination. Export Sales data showed soybean sales at 1.178 MMT. Meal sales were at 110,642 MT. Spec traders cut 25,841 contracts from their net long position in soybean futures. StoneX estimates the 2025/26 Brazilian soybean crop at 177.6 MMT. Jan 26 Soybeans closed at $10.47 1/4, up 17 3/4 cents. Nearby Cash was $9.87 1/4, up 17 1/4 cents. Mar 26 Soybeans closed at $10.62, up 16 1/4 cents. May 26 Soybeans closed at $10.74 1/4, up 15 3/4 cents.

Read more at Yahoo Finance: Soybeans Post Double Digit Gains on Monday