CBOT soybean futures hit a three-month high amid rising expectations for US sales to China. The outlook for US biodiesel production is clear, with the EPA expected to finalize new biodiesel blending mandates by the end of March, which will strongly boost soybean oil demand. Additionally, the US has not increased tariffs on Chinese goods, alleviating market concerns, while the end of China's holiday period sustains expectations of a demand recovery. In the short term, the market is focused on the final implementation of biodiesel policies, while in the medium term, attention turns to the pace of Brazilian soybean shipments. CBOT soybean prices are expected to maintain a firm-to-strong trend in the near term.