USDA Export Sales Preview: Net soybean sales forecast at 300 to 1.4 million tons

WASHINGTON, May 25: The U.S. Department of Agriculture will release its weekly export sales report on Thursday. Analysts expect the report to show net U.S. soybean export sales for the week ending May 19, 2021, could be between 300 and 1.4 million tons.

For comparison, U.S. net sales of soybeans for 2021/22 were 752,700 tonnes last week. Sales of soybeans in 2022/23 are 149,500 tonnes.