According to the USDA, soybean meal export volumes declined to a four month low level during Jan ’20 while finishing lower on a YOY basis for the second consecutive month, down 29.1%. Jan ’20 soybean oil export volumes also declined to a four month low while finishing lower on a YOY basis for the first time in the past four months, down 43.4%. Soybean Meal Jan ’20 U.S. Soybean Meal Exports Declined to a Four Month Low Level Jan ’20 U.S. Soybean Meal Export Volumes Finished Down 3.3% MOM and 29.1% YOY The Philippines was the Top Destination for U.S. Bean Meal Exports During Jan ’20 Jan ’20 U.S. Bean Meal Exports Destined to the EU-28 Declined Most Significantly YOY U.S. Bean Meal Exports Destined to the EU-28 Down, Burma up, Over the Past 12 Months The Philippines, Mexico and Columbia are Among the Top U.S. Bean Meal Importers Soybean Oil Jan ’20 U.S. Bean Oil Exports Declined to a Four Month Low Level Jan ’20 U.S. Bean Oil Export Volumes Declined 32.1% MOM and 43.4% YOY Morocco was the Top Destination for U.S. Bean Oil Exports During Jan ’20 Jan ’20 U.S. Bean Oil Exports Destined to South Korea Down Most Significantly YOY U.S. Bean Oil Exports Destined to Peru Down, South Korea up, Over the Past 12 Months South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers