November Soybeans finished up 18 at 928, 10 3/4 off the high and 46 1/2 up from the low. January Soybeans closed up 18 at 943 1/2. This was 47 1/4 up from the low and 10 off the high.

December Soymeal closed up 0.7 at 256.7. This was 10.0 up from the low and 7.1 off the high.

December Soybean Oil finished up 1.92 at 39.21, 0.19 off the high and 2.41 up from the low.

Traders credited today's strength in soybeans to the sharp rebound in stocks overnight and during the day session along with higher crude oil and a sharply lower dollar. Funds were buyers into early afternoon of 3000 contracts in soybeans and 2000 contracts in oil. Funds were mixed sellers in meal and oil gained sharply on meal on the day, reversing the trend of recent days. The National Oilseed Processors Association (NOPA) will release its September crush estimate tomorrow. Traders are looking for a slight increase from NOPA's August estimate. The Export Inspections and Crop Progress reports, normally out on Monday, will be released one day late this week due to the Columbus Day Holiday. Rains in the northwest and western soybean belt today are expected to slow harvest after the nearly ideal conditions and rapid harvest progress seen over the weekend. Some delays are possible in central and eastern growing areas tomorrow and Wednesday. Basis levels were generally firm across the Midwest to start the week with few signs of stepped up farmer selling in the midst of the sharp declines in futures last week and a setback from last week's record highs in interior barge freight markets.