Soybeans Get Strength from Bean Oil Gains

Group 1 - Soybeans experienced gains of 4 to 5 ½ cents, with the national average Cash Bean price rising to $10.00 1/2 [1] - Soymeal futures decreased by $1.40 to $2.60, while Soy Oil futures increased by 102 to 129 points [1] - The USDA's monthly Fats & Oils report indicated that 229.84 million bushels of soybeans were crushed in December, which was 4.24% higher than November and 5.59% larger year-over-year [2] Group 2 - The marketing year crush since September totaled 891.58 million bushels, reflecting a 7.43% increase from the same period last year [2] - EU soybean imports from July 1 to February 1 reached 7.29 million metric tons, down 1.33 million metric tons compared to the previous year [2] - On March 26, soybeans closed at $10.65 3/4, with nearby cash prices at $10.00 1/2, both showing increases [3]