According to the USDA, soybean meal export volumes declined on a YOY basis for the first time in the past six months throughout Oct ’20, finishing down 3.7% and reaching a three year low seasonal level. Oct ’20 soybean oil export volumes declined on a YOY basis for just the second time in the past nine months, finishing down 27.2%. Soybean Meal Oct ’20 U.S. Soybean Meal Exports Rebounded to a Three Month High Level Oct ’20 U.S. Soybean Meal Export Volumes up 0.4% MOM but Down 3.7% YOY Oct ’20 U.S. Soybean Meal Exports Declined to a Three Year Seasonal Low Level The Oct ’20 YOY Decline in U.S. Soybean Meal Exports was First in the Past Six Months The Philippines was the Top Destination for U.S. Soybean Meal Exports During Oct ’20 Oct ’20 U.S. Soybean Meal Exports Destined to Vietnam Down Most Significantly YOY U.S. Soybean Meal Exports Destined to the Philippines up Over the Past 12 Months The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers Soybean Oil Oct ’20 U.S. Soybean Oil Exports Declined to a Three Month Low Level Oct ’20 U.S. Soybean Oil Export Volumes Declined 1.1% MOM and 27.2% YOY Oct ’20 U.S. Soybean Oil Exports Finished Below Three Year Average Seasonal Levels The Oct ’20 YOY Decline in U.S. Soybean Oil Exports was the Largest in Nine Months South Korea was the Top Destination for U.S. Soybean Oil Exports During Oct ’20 Oct ’20 U.S. Soybean Oil Exports Destined to South Korea Down Most Significantly YOY U.S. Soybean Oil Exports Destined to Morocco up Most Significantly Over the Past 12 Months South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers