USDA Export Sales Preview: Net soybean sales forecast at 750,000 to 1.9 million tons

WASHINGTON, Jan. 26: The U.S. Department of Agriculture will release its weekly export sales report on Thursday, which analysts expect will show net U.S. soybean export sales for the week ending Jan. 20, 2021. between 750 and 1.9 million tons. Among them, the sales volume of old beans is 500,000 to 1.3 million tons, and the sales volume of new beans is expected to be 250,000 to 600,000 tons.

For comparison, net U.S. soybean sales for 2021/22 were 671,000 tonnes last week. Sales of soybeans in 2022/23 are 528,000 tonnes.