“Prices were higher across the complex with beans up $.17-$.20, meal was $5-$8 higher while oil was just over $.02 ½ lbs. Spot Sept-26 beans traded through its 38% retracement level on the weekly chart with the 50% retracement at $13.59. Oct-26 meal traded to its highest level in 2 years driven by flash sales to Europe. Oct-26 oil traded to new highs for the week while holding above its 50 and 100-day MA’s. Crush margins have surged $.26 ½ to $2.46 ½ bu. with bean oil PV just over 51%. The USDA announced flash sales of 182k mt (6.7 mil. bu.) to China, 226k mt (8.3 mil. bu.) to unknown along with 100k tons of meal sold to each Germany and the Netherlands. Uncertain U.S. production combined with Chinese buying provide little wiggle room for U.S. yields to slip from the current USDA forecast of 52.7 bpa.  So far, the seasonal high in Nov-26 beans at $12.90 is up 22.2% from the Q1 low, still below the historical average which is also 25%,” noted Mark Soderberg with ADM Investor Services.