U.S. Corn & Soybeans Exports Update – Nov ’21
According to the USDA, Sep ’21 U.S. corn export volumes declined to a 20 month low level, finishing 34.8% below previous year levels. Sep ’21 U.S. soybean export volumes increased seasonally to a six month high level but remained at a seven year low seasonal level for the month of September, finishing 69.9% below previous year levels.
Corn
Sep ’21 U.S. Corn Exports Declined to a 20 Month Low Level

Sep ’21 U.S. Corn Export Volumes Declined 23.5% MOM While Finishing 34.8% Lower YOY

Sep ’21 U.S. Corn Export Volumes Reached the Second Lowest Seasonal Level in Eight Years

The Sep ’21 YOY Decline in U.S. Corn Export Volumes was the Second Experienced in a Row

Mexico was the Top Destination for U.S. Corn Exports During Sep ’21

Sep ’21 U.S. Corn Exports Destined to China Down, Mexico up, Most Significantly YOY

U.S. Corn Exports Destined to China Remain up Most Significantly Over the Past 12 Months

2021 YTD U.S. Corn Exports Destined to China Have Reached a Record High Annual Level

Mexico and Japan are Historically Among the Top U.S. Corn Importers

Soybeans
Sep ’21 U.S. Soybean Exports Rebounded Seasonally to a Six Month High Level

Sep ’21 U.S. Soybean Export Volumes Increased 71.2% MOM but Remained Down 69.9% YOY

Sep ’21 U.S. Soybean Exports Declined to a Seven Year Low Seasonal Level

The Sep ’21 YOY Decline in U.S. Soybean Exports was the Seventh Experienced in a Row

China was the Top Destination for U.S. Soybean Exports During Sep ’21

Sep ’21 U.S. Soybean Exports Destined to China Declined Most Significantly YOY

U.S. Soybean Exports to China Have Remained Most Significantly Higher Over the Past 12 Mo

2021 YTD U.S. Soybean Exports Destined to China are on Pace to Reach a Three Year Low

China, the EU-27+UK and Mexico are Historically Among the Top U.S. Soybean Importers
