According to the USDA, soybean meal export volumes increased on a YOY basis for the seventh time in the past eight months throughout Dec ’20, finishing up 31.5% and reaching a record high seasonal level. Dec ’20 soybean oil export volumes increased on a YOY basis for the first time in the past three months, finishing up 27.5% and reaching a four year high seasonal level.

Soybean Meal

Dec ’20 U.S. Soybean Meal Exports Rebounded to a Ten Month High Level

Dec ’20 U.S. Soybean Meal Export Volumes Increased 8.1% MOM and 31.5% YOY

Dec ’20 U.S. Soybean Meal Exports Reached a Record High Seasonal Level

The Dec ’20 YOY Increase in U.S. Soybean Meal Exports was the Seventh in Eight Months

The Philippines was the Top Destination for U.S. Soybean Meal Exports During Dec ’20

Dec ’20 U.S. Soybean Meal Exports Destined to Ecuador up 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

Dec ’20 U.S. Soybean Oil Exports Reached a Seven Month High Level

Dec ’20 U.S. Soybean Oil Export Volumes Increased 28.3% MOM and 27.5% YOY

Dec ’20 U.S. Soybean Oil Exports Reached a Four Year High Seasonal Level

The Dec ’20 YOY Increase in U.S. Soybean Oil Exports was the First in Three Months

India and South Korea Were the Top Destinations for U.S. Soybean Oil Exports During Dec ’20

Dec ’20 U.S. Soybean Oil Exports Destined to India up 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