According to the USDA, soybean meal export volumes remained below previous year levels for the 12^th time in the past 13 months throughout Mar ’22, declining by 7.8% and reaching a three year low seasonal level. Mar ’22 soybean oil export volumes finished above previous year levels for the first time in the past four months, increasing by 71.0% but remaining at the second lowest seasonal level experienced throughout the past four years.

Soybean Meal

Mar ’22 U.S. Soybean Meal Exports Declined to a Five Month Low Level

Mar ’22 U.S. Soybean Meal Exports Declined 0.1% MOM While Finishing 7.8% Lower YOY

Mar ’22 U.S. Soybean Meal Exports Reached a Three Year Low Seasonal Level

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

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

Mar ’22 U.S. Soybean Meal Exports Destined to Columbia Down Most Significantly YOY

U.S. Soybean Meal Exports Destined to Columbia Down Over the Past 12 Months

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

Soybean Oil

Mar ’22 U.S. Soybean Oil Exports Increased Slightly From the Previous Month

Mar ’22 U.S. Soybean Oil Exports Increased 2.1% MOM While Finishing 71.0% Higher YOY

Mar ’22 U.S. Soybean Oil Exports Remained at the Second Lowest Seasonal Level in Four Yrs

The Mar ’22 YOY Increase in U.S. Soybean Oil Exports was the First in Four Months

India was the Top Destination for U.S. Soybean Oil Exports During Mar ’22

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

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

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