U.S. Soybean Export Sales Shift to New Crop Today’s USDA/FAS export sales report further confirmed the ongoing shift in U.S. sales of soybeans from the 2020 crop to the 2021 crop. Tight U.S. soybean stocks and less expensive soybean exports from South America are combining to cause the decline in old crop sales. Net soybean export sales in the week ending 1 April for shipment in 2020/21 were a negative 92,500 MT. New sales to Egypt (66,200m MT), Japan (40,700 MT), Indonesia (21,100 MT), Mexico (13 ,200 MT), and Saudi Arabia (10,400 MT) were more than offset by reductions of 216,100 MT for China and 51,800 MT for unknown destinations. However, USDA indicated exporters had reported the sale of 338,600 MT of soybeans for shipment in 20...