Soybean Export Sales Falter

The pace of US soybean export sales has fallen below that needed to make the USDA’S March estimate of 1825 million bushels.

 U.S. soybean exporters will face stiff competition from a record South American  soybean crop through the remainder of the calendar year. The USDA may trim the old crop soybean export estimate in the  April or May supply/demand report.