Export Sales data for the week ending December 25 will be released on Monday morning. Analysts expect soybean bookings of 0.7 to 1.8 million tons for 2025/26, while bookings for 2026/27 are estimated between 0 and 150,000 tons. Soybean meal sales are projected in the range of 150,000 to 500,000 tons, while soybean oil sales are expected between 0 and 20,000 tons.

November crush data was updated this afternoon, with NASS reporting a total of 220.48 million bushels of soybeans crushed during the month, which came in below estimates. This was down 6.7% from last month but still 4.98% higher on a year-on-year basis. Soybean crush in the first quarter of 2025/26 totaled 661.74 million bushels, up 49.5 million bushels from last year. USDA is projecting a year-on-year increase of 110 million bushels for the full marketing year. Soybean oil stocks as of November 30 were reported at 2.16 billion pounds, above estimates and 33.72% higher than last year.

USDA released the payment details for the Farm Bridge Assistance program on Wednesday, with soybean payments set at $30.88 per acre.