According to the USDA, corn export volumes remained significantly lower on a YOY basis for the 12^th consecutive month during Jan ’20, finishing down 46.5%, however Jan ’20 soybean export volumes declined seasonally but remained higher on a YOY basis for the eighth consecutive month, finishing up 10.2%, as Chinese import volumes continued to rebound. Corn Jan ’20 U.S. Corn Export Volumes Declined Slightly From the Previous Month Jan ’20 U.S. Corn Export Volumes Declined 0.5% MOM and 46.5% YOY Mexico was the Top Destination for U.S. Corn Exports During Jan ’20 Jan ’20 U.S. Corn Exports Destined to Japan and Mexico Declined Most Significantly YOY U.S. Corn Exports Destined to Japan Down Most Significantly Over the Past 12 Months Mexico and Japan are Among the Top U.S. Corn Importers Soybeans Jan ’20 U.S. Soybean Export Volumes Declined Seasonally From the Previous Month Jan ’20 U.S. Soybean Export Volumes Declined 4.5% MOM but Remained up 10.2% YOY China was the Top Destination for U.S. Soybean Exports During Jan ’20 Jan ’20 U.S. Soybean Exports Destined to China Increased Most Significantly YOY U.S. Soybean Exports Destined to China Increased Most Significantly Over the Past 12 Mo China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers