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Soybean futures are trading mostly 10 to 15 cents higher on the day before first notice day for August futures deliveries. Month end asset allocation adjustments will play more of a role the next couple days. USDA reported weekly export sales this morning showing new crop sales of 899,100 MT and old crop sales were 416,700 MT. Industry estimates ahead of the report were for combined old and new crop sales to be anywhere between 370,000 MT and 1.25 MMT of soybeans. Soybean export shipments were 128,600 MT. Meal bookings were expected to be somewhere between 50,000 and 220,000 MT, and the USDA had the actual figure at 151,800 MT. Bean oil bookings were a new high for this marketing year at 74,800 MT