U.S. Soybean Meal & Oil Exports Update – Jun…
According to the USDA, Apr ’20 soybean meal export volumes declined on a YOY basis for the first time in the past three months, finishing down 13.1%, however Apr ’20 soybean oil export volumes finished higher on a YOY basis for the third consecutive month, increasing by 55.3%.
Soybean Meal
Apr ’20 U.S. Soybean Meal Exports Declined to a Three Month Low Level
Apr ’20 U.S. Soybean Meal Export Volumes Declined 5.6% MOM and 13.1% YOY
Apr ’20 U.S. Soybean Meal Export Volumes Declined to a Three Year Seasonal Low Level
The Apr ’20 YOY Decline in U.S. Soybean Meal Exports was the First in Three Months
Mexico was the Top Destination for U.S. Soybean Meal Exports During Apr ’20
Apr ’20 U.S. Soybean Meal Exports Destined to the EU-28 Declined Most Significantly YOY
U.S. Soybean Meal Exports Destined to the EU-28 & Vietnam Down Over the Past 12 Months
The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers
Soybean Oil
Apr ’20 U.S. Soybean Oil Exports Declined to a Three Month Low Level
Apr ’20 U.S. Soybean Oil Export Volumes Declined 25.8% MOM but Remained up 55.3% YOY
Apr ’20 U.S. Soybean Oil Export Volumes Reached a Three Year Seasonal High Level
The Apr ’20 YOY Increase in U.S. Soybean Oil Exports was the Third Experienced in a Row
Mexico and Venezuela Were the Top Destinations for U.S. Soybean Oil Exports During Apr ’20
Apr ’20 U.S. Soybean Oil Exports Destined to Venezuela up Most Significantly YOY
U.S. Soybean Oil Exports Destined to Morocco up, Peru Down, Over the Past 12 Months
South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers