Soybeans are trading higher on Wednesday, with gains of 12 to 13 cents. The national average Cash Bean price is up 12 3/4 cents at $9.95 1/4. Soymeal futures are also higher, with Soy Oil futures slightly up. Deliveries issued against January soybeans and bean oil are reported.

USDA is expected to show between 0.75-1.3 MMT of 2025/26 soybeans sold for export and 2026/27 sales ranging from 0-300,000 MT. Soybean meal bookings are estimated to total 100,000-350,000 MT, with 0-30,000 MT for soybean oil.

Brazil’s soybean exports in December reached 3.38 MMT, up 68.6% from the same month in 2024 but down 19.4% from November. January 26 Soybeans are at $10.55, Nearby Cash at $9.95 1/4, Mar 26 Soybeans at $10.68 3/4, and May 26 Soybeans at $10.80, all showing gains.

Read more at Yahoo Finance: Soybeans Back in Rally Mode on Wednesday