Soybeans surged on Wednesday, with contracts up 10-11 cents. Cash bean price averaged $9.94 3/4. Soymeal futures increased $3.70 to $6.80, while Soy Oil futures dropped 8 to 18 points. January soybeans saw 88 deliveries, with 78 for bean oil. USDA predicts 2025/26 soybean export sales at 0.75-1.3 MMT, 2026/27 at 0-300,000 MT. Soybean meal bookings estimated at 100,000-350,000 MT, soybean oil at 0-30,000 MT. Crop Production data to be released Monday, with 2025 soybean yield at 52.7 bpa and production at 4.23 bbu. Jan 26 Soybeans closed at $10.52 3/4, Cash at $9.94 3/4, Mar at $10.67, and May at $10.78 3/4.

Read more at Yahoo Finance: Soybeans Post Double Digit Rally on Wednesday