International Soya Market

06-Mar-2025 08:14 AM

International Soya Market
The Export Sales data will be released on Thursday morning, with traders expecting old crop soybean sales for the week of 2/27 to range between 300,000-550,000 MT, while new crop sales are estimated between 0-50,000 MT. Soybean meal sales are projected to be between 150,000-420,000 MT, and bean oil sales are expected to range from 20,000-45,000 MT.
On Wednesday, Celeres reduced its estimate for Brazil's soybean production by 2.4 MMT, bringing the total forecast down to 171.6 MMT.