Soybean futures rallied Friday, with most contracts gaining 10 to 13 and a half cents at midday, after a USDA report showed tighter-than-expected US supplies. The WASDE report lowered 2025/26 US soybean ending stocks by 10 million bushels to 330 million bushels, reflecting a 10-million-bushel increase in exports. New crop stocks were unchanged at 310 million bushels, as a 30-million-bushel rise in exports offset a 40-million-bushel increase in production from higher acreage. World new crop carryout fell 0.71 million metric tons to 124.17 million metric tons, with Brazilian exports raised by half a million metric tons. USDA also reported a private export sale of 264,000 metric tons of 2026/27 soybeans to China.