International Soybean Market

31-Jul-2025 08:15 AM

International Soybean Market
USDA’s export sales data will be released Thursday morning, with analysts expecting old-crop soybean bookings for the week ending July 24 to range between 0.1–0.3 MMT. New-crop sales are estimated between 0.1–0.6 MMT. Soybean meal bookings for the current and next marketing years are expected between 0.2–0.55 MMT, while soybean oil sales are projected between 0–23,000 tons.
According to Datagro, Brazil’s 2025/26 soybean crop is estimated at 182.9 MMT, higher than their 2024/25 projection of 173.5 MMT. Safras & Mercado projects the 2025/26 crop at 179.87 MMT.