Group 1 - Soybeans have gained 9 to 10 cents following an increase in production and stocks reported by the USDA, with the national average cash bean price rising to $9.66 1/4 [1] - The USDA's monthly Crop Production report indicated a slight reduction in US soybean yield to 53.5 bushels per acre (bpa), while production increased by 8 million bushels (mbu) to 4.3 billion bushels (bbu) [3] - World soybean stocks decreased by 1.61 million metric tons (MMT) to 123.58 MMT, primarily due to a reduction in old crop stocks from Argentina [4] Group 2 - A private export sale of 22,000 metric tons of soybean oil was reported by the USDA, sold to South Korea for shipment in 2025/26 [2] - The USDA projected old crop ending stocks at 330 million bushels, with the 2024/25 marketing year expected to see an increase of 10 million bushels to 300 million bushels [3] - Nearby cash soybeans are priced at $9.66 1/4, reflecting a gain of 9 cents, while September futures are set to expire today [1][4]