Soybean Futures Little Lower

May Soybeans are trading 1035, down 2 1/4 cents/bushel. November Soybeans are trading at 1018 3/4, down 3 cents/bushel. May Soymeal is trading at 332.9, down 1.9 $/ton. May Soybean Oil is trading at 34.03, down 0.10 cents/lb. Street estimates for Brazil's soybean crop are around 108.0 million tonnes versus the February USDA estimate of 104.0 million tonnes. The USDA reported on Thursday that soybean export sales as of February 23rd are now 94.1 percent of the agency forecast versus the five year average of 89.4 percent. Soymeal sales for the current year are 70.9 percent of the agency forecast versus the five year average of 68.5 percent. Soybean oil sales for the current year are now 76.4 percent of the forecast versus the five year average of 62.7 percent.