U.S. Corn & Soybeans Exports Update – Jun ’20
According to the USDA, corn export volumes increased seasonally to a 12 month high level but remained lower on a YOY basis for the 14th time in the past 15 months during Apr ’20, finishing down 7.6%. Apr ’20 soybean export volumes declined seasonally, reaching a 34 month low level and finishing 9.8% lower on a YOY basis.
Corn
Apr ’20 U.S. Corn Export Volumes Increased Seasonally to a 12 Month High Level
Apr ’20 U.S. Corn Export Volumes Increased 13.2% MOM but Remained 7.6% Lower YOY
Apr ’20 U.S. Corn Export Volumes Reached a Four Year Seasonal Low Level
The Apr ’20 YOY Decline in U.S. Corn Export Volumes was the 14th in the Past 15 Months
Mexico and Japan Were the Top Destinations for U.S. Corn Exports During Apr ’20
Apr ’20 U.S. Corn Exports Destined to Japan and Canada Declined Most Significantly YOY
U.S. Corn Exports Destined to Japan Down Most Significantly Over the Past 12 Months
Mexico and Japan are Among the Top U.S. Corn Importers
Soybeans
Apr ’20 U.S. Soybean Export Volumes Declined Seasonally, Reaching a 34 Month Low Level
Apr ’20 U.S. Soybean Export Volumes Declined 13.1% MOM and 9.8% YOY
Apr ’20 U.S. Soybean Export Volumes Reached a Four Year Seasonal Low Level
The Apr ’20 YOY Decline in U.S. Soybean Export Volumes was the Third Experienced in a Row
China and Egypt Were the Top Destinations for U.S. Soybean Exports During Apr ’20
Apr ’20 U.S. Soybean Exports Destined to South Korea Declined Most Significantly YOY
U.S. Soybean Exports Destined to China Increased Most Significantly Over the Past 12 Mo
China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers