Soybeans Nearing Fall Highs Early on Thursday

Group 1 - Soybean futures have increased by 4 to 7.5 cents, supported by a rise in soybean meal prices, which were up 8 to 10 cents [1] - The average cash price for soybeans is reported at $10.85 1/2, reflecting a 10-cent increase [1] - The forecast for Argentina indicates drier conditions, which may enhance meal strength as the growing season concludes [1] Group 2 - The EPA has submitted its 2026 biofuel mandates to the White House OMB for review [2] - November soybeans have averaged $11.07 this month, marking a 53-cent increase from 2025 [3] - The USDA's Export Sales report is expected to show soybean sales between 0.4 to 1 million metric tons for the week of February 19 [3]