“For Friday’s WASDE report, soybean ending stocks for 2026-27 are seen 22 mb higher at 332 mb, yield is expected to be 0.5 bpa higher at 53 bpa and both Argentinian and Brazilian production are expected to be slightly higher,” Doherty said. “This morning, private exporters reported to the USDA export sales of 472,000 metric tons of soybeans for delivery to China. Of the total, 136,000 metric tons is for delivery during the 2025-26 marketing year, and 336,000 metric tons is for delivery during the 2026-27 marketing year. This could explain the strength in old crop contracts.”