CBOT soybeans surged on lower-than-expected production, yield numbers

CHICAGO, Jan 10 (Reuters) - Chicago Board of Trade soybean futures rose sharply on Friday as the U.S. Department of Agriculture estimated U.S. soy production, yield and ending stock numbers well below trade expectations.

• CBOT March soybeans SH25 settled up 26-1/4 cents higher at $10.25-1/4 a bushel.

• CBOT March soymeal SMH25 fell $1.00 to end at $298.30 per short ton, while March soyoil BOH25 rose 2.82 cents to settle at 45.58 cents per pound, its highest since November.

• For the week, most active soybean futures Sv1 increased 3.38%.

• The USDA estimated U.S. soybean production at 4.366 billion bushels, compared with analyst expectations for 4.408-4.539 billion bushels.

• The agency said U.S. soybean yield was at 50.7 bushels per acre, lower than trade expectations for 51.1-52.6 bushels per acre.

• USDA put U.S. soybean ending stocks at 380 million bushels, below analyst predictions for 390-495 million bushels.

(Reporting by Renee Hickman; editing by Diane Craft)

((renee.hickman@thomsonreuters.com))