International Soybean Market

24-Apr-2025 08:21 AM

International Soybean Market
The market received support from speculation about easing trade tensions with China, although nothing has been officially confirmed.
The Export Sales report, due Thursday morning, is expected to show old crop soybean sales between 200,000 and 600,000 metric tons (MT) for the week ending April 17. According to a Reuters analyst survey, 2025/26 sales are estimated between 0 and 200,000 MT.
Soymeal sales are projected to range between 150,000 and 400,000 MT, while soyoil sales are expected in the range of 5,000 to 35,000 MT.
Brazil’s total soybean exports for April are estimated at 14.3 million metric tons (MMT) by ANEC (Associação Nacional dos Exportadores de Cereais), a 0.2 MMT reduction from their previous estimate.