Market Overview - Soybean prices increased by 5 to 7 cents on Christmas Eve, while futures contracts decreased by 1 to 2 cents at the Tuesday close [1] - Open interest fell by 9,511 contracts on Tuesday, primarily due to a reduction of 20,552 contracts in January futures, although other front months saw an increase [1] - The national average cash price for soybeans was reported at $9.80 3/4, down 3 cents from the previous day [1] Futures Performance - Soymeal futures experienced gains ranging from $1.10 to $2.50, while Soy Oil futures declined by 25 to 39 points [1] - Specific closing prices for January, March, and May 2026 soybeans were $10.51 1/2, $10.63 3/4, and $10.74 1/4 respectively, with slight decreases noted [4] Export Sales Data - The USDA reported soybean export sales for the week ending December 11 at 2.396 million metric tons (MMT), marking a marketing year high and a 68.3% increase compared to the same week last year [3] - China was a significant buyer, purchasing 1.38 MMT, contributing to total known sales to China of 6.2 MMT [3] - Soymeal sales surpassed trade estimates at 616,453 metric tons, while bean oil sales were recorded at 8,660 metric tons [3] Commitment of Traders - Managed money reduced their net long position by 32,560 contracts, bringing the total to 147,778 contracts for the week ending December 16 [2]

Market Overview - Soybeans experienced losses ranging from 9 to 13 ¾ cents in the front months, with deferred contracts down by 3 to 7 ½ cents, indicating a sell-off as China’s purchases slow down [1] - The national average cash bean price decreased by 13 ½ cents to $10.49 ¼ [1] Export Data - Soybean export bookings for the week of October 2 reached 919,447 MT, which is a three-week high but down 8.6% compared to the same week last year, falling within the trade range estimates of 0.6 to 1.6 MMT [2] - Soy meal sales were reported at 328,300 MT, exceeding the estimates of 150,000 to 350,000 MT, while bean oil sales showed net reductions of 11,800 MT [2] Sales to China - The USDA reported an additional 462,000 MT of soybeans sold to China, bringing the total known sales to China for the week to 1.812 MMT [3] - Total soybean sales to China this week reached 1.122 MMT [3] Production and Consumption - The International Grains Council adjusted world soybean production down by 2 MMT, while consumption increased by 1 MMT, leading to a reduction in ending stocks by 2 MMT to 77 MMT [3] Futures Market - January 26 Soybeans closed at $11.22 ½, down 13 ¾ cents; Nearby Cash was at $10.49 ¼, down 13 ½ cents; March 26 Soybeans closed at $11.32, down 12 ½ cents; May 26 Soybeans closed at $11.41 ½, down 11 cents [3]