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Soybean futures are currently trading from 3 to 5 cents higher after losing 7 to 9 1/2 cents on Wednesday. US Export sales during the week ending last Thursday are expected to range from 400,000 to 650,000 MT according to wire reports. Soy meal estimates range from 100,000 to 250,000 MT, and soy oil sales are projected to land between 0 to 30,000 MT. January USDA production estimates for Brazil and Argentina were 100.0 MMT and 57.0 MMT respectively. Informa pegged soybean production in Brazil at 100.5 MMT on Wednesday morning (down 0.9 MMT from its previous estimate) and put Argentina at 60.0 MMT (up 1.5 MMT from its previous estimate). CONAB is expected to release new Brazilian estimates this morning.