Group 1 - Soybeans are experiencing gains of 2 to 4 cents across most contracts, with the national average cash bean price at $9.81 1/2, up 2 3/4 cents [1] - Soymeal futures are showing slight gains, while soy oil futures are up 50 to 58 points, supported by a rebound in the crude oil market [1] - The USDA reported a private export sale of 396,000 MT of soybeans to China, with 330,000 MT for the 2025/26 marketing year and 66,000 MT for 2026/27 [1] Group 2 - USDA reported soybean export shipments of 870,199 MT during the week ending December 18, which is 7.4% higher than the previous week but 51% lower than the same week in 2024 [2] - China was the top destination for soybean exports, receiving 386,010 MT, followed by Mexico with 177,758 MT and Germany with 68,599 MT [2] - Marketing year exports for 2025/26 are at 14.584 MMT since September 1, which is 46% lower compared to the same period last year [2] Group 3 - Export sales data indicated 1.55 MMT of soybeans sold in the week of December 4, which is 32.2% above the same week last year [3] - Meal sales were recorded at 275,487 MT, on the lower end of the estimated range, while bean oil bookings were at 1,213 MT, below the expected range [3] Group 4 - 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 [4] - AgRural estimates the Brazilian soybean crop at 180.4 MMT, an increase of 1.9 MMT from the previous estimate [4] - China's soybean imports in November totaled 5.85 MMT from Brazil and 1.78 MMT from Argentina, accounting for 93.9% of total imports for the month [4]