CHICAGO, July 10 (Reuters) - Chicago Board of Trade soybean futures closed higher on Friday on export demand for U.S. soybeans and bullish stocks projections in a monthly report from the U.S. Department of Agriculture, traders said.

• CBOT August soybeans SQ26 settled up 14 cents, or 1.2%, at $11.91-3/4 per bushel and new-crop November soybeans SX26 ended up 9-1/4 cents, or 0.8%, at $11.90-3/4 a bushel.

• CBOT August soymeal SMQ26 ended up $3, or 0.9%, at $320.40 per short ton.

• CBOT August soyoil BOQ6 rose 0.54 cent, or 0.8%, to close at 70.46 cents per pound.

• The USDA in a monthly report lowered its forecast of U.S. old-crop ending stocks to 330 million bushels, down from 340 million in June and below an average of analyst estimates for 338 million bushels.

• For 2026/27, the USDA left its soy ending stocks forecast unchanged at 310 million bushels, while analysts on average had expected an increase to 330 million bushels.

• The USDA trimmed its projection of global 2026/27 soybean ending stocks to 124.17 million metric tons, down from 124.88 million in June, while most analysts had expected an increase.

• The government raised its forecast of U.S. 2026/27 soybean production to 4.475 billion bushels, up from 4.435 billion in June and slightly above an average of analyst estimates.

• Under its daily reporting rules, the USDA confirmed private sales of 264,000 metric tons of U.S. soybeans to China. The news followed soybean sales announcements earlier this week confirming 608,000 tons sold to China along with 120,000 tons sold to undisclosed destinations.