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CBOT soybeans end higher on U.S. export demand, crop uncertainty

CHICAGO, Aug 26 (Reuters) - Chicago Board of Trade soybean futures rallied on Friday on export demand and uncertainty over the size of the upcoming U.S. harvest, analysts said. * Chicago Board of Trade November soybean futures settled up 30 cents at $14.61-1/4 a bushel. * CBOT December soymeal was $14.2 higher at $428.50 a ton, and CBOT December soyoil jumped 0.97 cent to 66.88 cents per lb. * After the close of trading, advisory service Pro Farmer projected that farmers would harvest a soybean crop of 4.535 billion bushels, based on an average yield of 51.7 bushels per acre. * The USDA's most recent forecast, issued on Aug. 12, called for a soybean harvest of 4.531 billion bushels, with average yields seen at 51.9 bushels per acre. * Farmers said U.S. growing areas still need good weather before harvest to produce a large crop. * Exporters struck deals to sell 146,000 tonnes of U.S. soybeans to unknown buyers, the USDA said. This week the agency also reported U.S. soy sales totalling 627,000 tonnes to China. (Reporting by Tom Polansek;)

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