According to the USDA, soybean meal export volumes remained below previous year levels for the 11^th time in the past 12 months throughout Feb ’22, declining by 17.8% and reaching a five year low seasonal level. Feb ’22 soybean oil export volumes finished below previous year levels for the 12^th time in the past 13 months, declining by 7.9% and reaching a three year low seasonal level.

Soybean Meal

Feb ’22 U.S. Soybean Meal Exports Declined to a Four Month Low Level

Feb ’22 U.S. Soybean Meal Exports Declined 7.7% MOM While Finishing 17.8% Lower YOY

Feb ’22 U.S. Soybean Meal Exports Reached a Five Year Low Seasonal Level

The Feb ’22 YOY Decline in U.S. Soybean Meal Exports was the 11^th in the Past 12 Months

The Philippines Remained the Top Destination for U.S. Soybean Meal Exports During Feb ’22

Feb ’22 U.S. Soybean Meal Exports Destined to the EU-27+UK Down Most Significantly YOY

U.S. Soybean Meal Exports Destined to the EU-27+UK Down Over the Past 12 Months

The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers

Soybean Oil

Feb ’22 U.S. Soybean Oil Exports Declined From the Previous Month’s 12 Month High Level

Feb ’22 U.S. Soybean Oil Exports Declined 8.3% MOM While Finishing 7.9% Lower YOY

Feb ’22 U.S. Soybean Oil Exports Reached a Three Year Low Seasonal Level

The Feb ’22 YOY Decline in U.S. Soybean Oil Exports was the 12^th in the Past 13 Months

The Dominican Republic was the Top Destination for U.S. Soybean Oil Exports During Feb ’22

Feb ’22 U.S. Soybean Oil Exports to Peru Down, India up, Most Significantly YOY

U.S. Soybean Oil Exports to South Korea Down Most Significantly Over the Past 12 Months

South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers