Core Insights - Soybean prices are experiencing gains, with nearby contracts showing increases of 5 to 6 cents, and the national average cash bean price rising to $9.99 ½, which is 5 ½ cents higher [1] - Soymeal futures have increased by $2.50 to $3.30 per ton, while soy oil futures are up by 30 to 35 points [1] - Export sales data indicates a marketing year high in soybean sales at 2.45 million metric tons (MMT), which is 18.6% higher than the previous week and 63.97% larger than the same week last year [1] Sales Data - Soybean meal sales reached 412,671 metric tons, exceeding estimates of 200,000 to 500,000 metric tons for that week [2] - Soybean oil sales were recorded at 10,499 metric tons, falling within the lower half of the estimated range of 5,000 to 25,000 metric tons [2] Price Information - As of March 26, soybean prices are reported at $10.69 ½, reflecting an increase of 5 ½ cents [2] - Nearby cash prices are at $9.99 ½, also up by 5 ½ cents, while May 26 and July 26 soybean prices are at $10.81 ¾ (up 5 ½ cents) and $10.94 ¾ (up 5 ¾ cents) respectively [2]

Market Overview - Soybeans are experiencing gains of 5 to 6 ½ cents across most front months on Monday morning, following a decline on Friday where most front months were down 2 to 3 cents [1] - January soybeans closed the previous week down 27 ½ cents, with open interest decreasing by 7,435 contracts on Friday [1] - The national average Cash Bean price decreased by 2 3/4 cents to $9.78 1/2 [1] Futures Performance - Soymeal futures fell by 80 cents to $1.50, with January down $4.90 last week [1] - Soy Oil futures decreased by 2 to 21 points, with January down 217 points week-over-week [1] Export Sales Expectations - Analysts anticipate Export Sales data for the week of December 4 to show soybean sales between 0.8-2 million metric tons (MMT) [2] - Meal sales are estimated to be in the range of 200,000-500,000 metric tons, while bean oil sales are expected to be between 5,000-25,000 metric tons [2] Commitment of Traders Data - Managed money reduced their net long positions in soybean futures and options by 35,088 contracts as of the week ending December 9, resulting in a net long position of 180,338 contracts [3] Brazilian Soybean Crop Estimates - AgRural has revised the Brazilian soybean crop estimate to 180.4 MMT, an increase of 1.9 MMT from the previous estimate [3] China's Soybean Imports - In November, China's soybean imports totaled 5.85 MMT from Brazil and 1.78 MMT from Argentina, with these two countries accounting for 93.9% of the total imports for the month [3]

Group 1: Soybean Market Overview - Soybeans are showing an increase of 9 to 10 cents across most contracts, with the exception of September contracts which are nearing expiration [1] - The national average cash bean price has risen by 9 1/4 cents to $9.57, while soymeal futures increased by $2.60 to $6.60 [1] - Soy oil futures remained steady or increased by up to 29 points, with 96 September soybean meal deliveries reported [1] Group 2: Export Sales and Commitments - The USDA's weekly Export Sales report indicated 541,055 MT of sales for the week of September 4, which is on the low end of analyst estimates [2] - A total of 767,049 MT of unshipped 2024/25 sales were carried over to the new marketing year, starting the 2025/26 marketing year with total commitments at 9.12 MMT, the second lowest since the 2009/10 marketing year [2] - Soybean meal sales were reported at 357,463 MT, falling within the middle of analyst estimates, while bean oil saw net reductions of 6,421 MT, below expectations [2] Group 3: Production Estimates - Argentina's soybean production is estimated at 47 MMT, down 2.5 MMT from the previous year due to lower acreage [3] - CONAB has raised its 2024/25 soybean crop estimates by 1.92 MMT to 171.47 MMT [3] - Current soybean prices include September at $10.05 1/2 (down 6 cents), nearby cash at $9.57 (up 9 1/4 cents), November at $10.34 3/4 (up 9 1/2 cents), and January at $10.53 3/4 (up 9 cents) [3]