U.S. Soybean Meal & Oil Exports Update – Mar…
According to the USDA, soybean meal export volumes increased on a YOY basis for the tenth time in the past 12 months throughout Jan ’21, finishing up 34.5%. Jan ’21 soybean oil export volumes increased on a YOY basis for the ninth time in the past 12 months, finishing up 162.1% and reaching a ten year high seasonal level.
Soybean Meal
Jan ’21 U.S. Soybean Meal Exports Rebounded to an 11 Month High Level
Jan ’21 U.S. Soybean Meal Export Volumes Increased 1.2% MOM and 34.5% YOY
Jan ’21 U.S. Soybean Meal Exports Reached the Second Highest Seasonal Level in Six Years
The Jan ’21 YOY Increase in U.S. Soybean Meal Exports was the Tenth in the Past 12 Months
Mexico was the Top Destination for U.S. Soybean Meal Exports During Jan ’21
Jan ’21 U.S. Soybean Meal Exports Destined to the EU-27+UK up Most Significantly YOY
U.S. Soybean Meal Exports Destined to Ecuador up Over the Past 12 Months
The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers
Soybean Oil
Jan ’21 U.S. Soybean Oil Exports Reached an Eight Month High Level
Jan ’21 U.S. Soybean Oil Export Volumes Increased 39.5% MOM and 162.1% YOY
Jan ’21 U.S. Soybean Oil Exports Reached a Ten Year High Seasonal Level
The Jan ’21 YOY Increase in U.S. Soybean Oil Exports was the Ninth in the Past 12 Months
South Korea was the Top Destination for U.S. Soybean Oil Exports During Jan ’21
Jan ’21 U.S. Soybean Oil Exports Destined to South Korea up Most Significantly YOY
U.S. Soybean Oil Exports Destined to Venezuela up Most Significantly Over the Past 12 Mo
South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers