U.S. Corn & Soybeans Exports Update – Nov ’19
According to USDA, corn export volumes remained lower on a YOY basis for the eighth consecutive month throughout Sep ’19, reaching a 46 month low, overall, while soybean export volumes declined contraseasonally but remained higher on a YOY basis for the fourth consecutive month.
Corn
Sep ’19 U.S. Corn Export Volumes Declined to a 46 Month Low Level
Sep ’19 U.S. Corn Export Volumes Declined 25.8% MOM and 61.7% YOY
Mexico and Japan Were the Top Destinations for U.S. Corn Exports During Sep ’19
Sep ’19 U.S. Corn Exports Destined to Japan and South Korea Declined Most Significantly YOY
U.S. Corn Exports Destined to South Korea Down Most Significantly Over the Past 12 Months
Mexico and Japan are Among the Top U.S. Corn Importers
Soybeans
Sep ’19 U.S. Soybean Export Volumes Declined Contraseasonally From the Previous Month
Sep ’19 U.S. Soybean Export Volumes Declined 18.5% MOM but Remained up 16.6% YOY
China and the EU-28 Were the Top Destinations for U.S. Soybean Exports During Sep ’19
Sep ’19 U.S. Soybean Exports Destined to China Increased Most Significantly YOY
U.S. Soybean Exports Destined to China Remain Down Most Significantly Over the Past 12 Mo
China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers