The USDA will release its weekly Export Sales report on Thursday, with analysts expecting sales of 200,000 to 600,000 metric tons of old crop soybeans for the week ending April 16. Sales for 2025/26 are estimated to range from 0 to 100,000 metric tons. Meal sales are expected to total between 150,000 to 500,000 metric tons. Bean oil sales are estimated to be between net reductions of 10,000 metric tons and sales of 14,000 metric tons.

Brazil’s April soybean exports are estimated at 16.4 million metric tons, down 0.27 million metric tons from the previous week.