Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - The USDA will release its weekly export sales report at 20:30 Beijing time on Thursday. A survey of industry analysts shows that as of the week ending May 15, US soybean export sales are expected to increase by 190,000 to 700,000 tons, with the current marketing year expected to increase by 100,000 to 300,000 tons and the next marketing year by 90,000 to 400,000 tons [1] - US soybean meal export sales are expected to increase by 100,000 to 450,000 tons, with the current marketing year expected to increase by 100,000 to 400,000 tons and the next marketing year by 0 to 50,000 tons [1] - US soybean oil export sales are expected to increase by 0 to 32,000 tons, with the current marketing year expected to increase by 0 to 22,000 tons and the next marketing year by 0 to 10,000 tons [1] - Data from the SPPOMA shows that from May 1 - 20, 2025, Malaysian palm oil production increased by 3.72% month - on - month, fresh fruit bunch yield increased by 1.72%, and oil extraction rate increased by 0.38% [1] 3. Summary by Related Catalogs 3.1 Spot Prices - Spot prices of various products from May 15 - 21, 2025 are presented, including soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu [2] 3.2 Protein Meal Basis and Oil Basis - No specific data provided, only the topics are mentioned [3] 3.3 Oil and Oilseed Futures Price Spreads - Only the topic is mentioned, no specific data provided [5]