
CHICAGO, Dec 11 (Reuters) - Chicago Board of Trade soybean futures ended higher on Thursday for a second session on technical buying, news of fresh U.S. soy sales to China and spillover from advances in corn and wheat futures.
CBOT January soybeans SF26 settled up 2-1/4 cents at $10.93-1/2 per bushel.
CBOT January soymeal SMF26 ended up 90 cents at $302.10 per short ton while January soyoil BOF26 fell 0.27 cent to 50.82 cents per pound.
The U.S. Department of Agriculture reported net export sales of soybeans in the week ended November 13 at 695,600 metric tons, near the low end of trade estimates for 600,000 to 1.4 million metric tons.
Separately, under daily reporting rules, the USDA confirmed private sales of 264,000 metric tons of U.S. soybeans to China and another 226,000 metric tons to undisclosed destinations.
Brazilian crop agency Conab lowered its forecast of the country's 2025/26 soybean harvest to 177.12 million metric tons, still a record-large crop if confirmed, but down from its previous estimate of 177.60 million metric tons.
China's state stockpiler Sinograin sold most of the soybeans it offered in an auction of state reserves, two traders said, making room for an expected influx of U.S. cargoes amid abundant local supplies.