WASHINGTON, May 11: The U.S. Department of Agriculture will release its weekly export sales report on Thursday. Analysts expect the report to show net sales of U.S. soybean exports for the week ending May 5, 2021, between 200 and 1.2 million tons. Among them, the sales volume of soybeans in the old season is expected to be 100,000 to 600,000 tons, and the sales volume of soybeans in the new season is expected to be 100,000 to 600,000 tons.
For comparison, U.S. net sales of 2021/22 soybeans were 734,600 tonnes last week. Sales of soybeans in 2022/23 are 407,000 tonnes.