Soybeans Back in Rally Mode on Wednesday

Group 1 - Soybeans are experiencing gains of 12 to 13 cents, with the national average cash bean price at $9.95 1/4, which is an increase of 12 3/4 cents [1] - Soymeal futures are rising by $5.70 to $7, while soy oil futures are slightly higher [1] - Brazil's soybean exports reached 3.38 MMT in December, marking a 68.6% increase from December 2024 but a 19.4% decrease from November [3] Group 2 - The USDA has returned to a normal Export Sales release schedule, with expectations of 0.75-1.3 MMT of soybeans sold for export in the week of January 1 [2] - Soybean meal bookings are estimated to be between 100,000-350,000 MT, while soybean oil sales are projected at 0-30,000 MT [2] - January 26 soybeans are priced at $10.55, up 13 cents, with nearby cash at $9.95 1/4, up 12 3/4 cents [3]