U.S. Soybean Meal & Oil Exports Update – Nov…
According to the USDA, soybean meal export volumes increased on a YOY basis for the fifth consecutive month throughout Sep ’20, finishing up 10.5% and reaching a record high seasonal level. Sep ’20 soybean oil export volumes remained higher on a YOY basis for the seventh time in the past eight months, increasing by 273.5% and reaching a four year seasonal high level.
Soybean Meal
Sep ’20 U.S. Soybean Meal Exports Declined to an Eight Month Low Level
Sep ’20 U.S. Soybean Meal Export Volumes Declined 0.2% MOM but Remained up 10.5% YOY
Sep ’20 U.S. Soybean Meal Exports Reached a Record High Seasonal Level
The Sep ’20 YOY Increase in U.S. Soybean Meal Exports was the Fifth Experienced in a Row
The Philippines was the Top Destination for U.S. Soybean Meal Exports During Sep ’20
Sep ’20 U.S. Soybean Meal Exports Destined to Morocco up Most Significantly YOY
U.S. Soybean Meal Exports Destined to the Philippines up Over the Past 12 Months
The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers
Soybean Oil
Sep ’20 U.S. Soybean Oil Exports Declined From the Previous Month’s Three Month High
Sep ’20 U.S. Soybean Oil Export Volumes Declined 7.7% MOM but Finished up 273.5% YOY
Sep ’20 U.S. Soybean Oil Exports Reached a Four Year Seasonal High Level
The Sep ’20 YOY Increase in U.S. Soybean Oil Exports was the Seventh in Eight Months
South Korea was the Top Destination for U.S. Soybean Oil Exports During Sep ’20
Sep ’20 U.S. Soybean Oil Exports Destined to South Korea up Most Significantly YOY
U.S. Soybean Oil Exports Destined to Morocco up Most Significantly Over the Past 12 Months
South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers