U.S. Corn & Soybeans Exports Update – Jun ’21
According to the USDA, U.S. corn export volumes remained higher on a YOY basis for the 12th consecutive month throughout Apr ’21, finishing 68.1% above previous year levels and remaining at a record high seasonal level on continued strong Chinese demand. Apr ’21 U.S. soybean export volumes declined to a four and a half year low level, however, finishing 36.0% below previous year levels.
Corn
Apr ’21 U.S. Corn Exports Declined From the Previous Month’s Record High Monthly Level
Apr ’21 U.S. Corn Export Volumes Declined 7.2% MOM but Remained 68.1% Higher YOY
Apr ’21 U.S. Corn Export Volumes Reached a Record High Seasonal Level
The Apr ’21 YOY Increase in U.S. Corn Export Volumes was the 12th Experienced in a Row
China, Mexico and Japan Were the Top Destinations for U.S. Corn Exports During Apr ’21
Apr ’21 U.S. Corn Exports Destined to China Remained Most Significantly Higher YOY
U.S. Corn Exports Destined to China up Most Significantly Over the Past 12 Months
2021 YTD U.S. Corn Exports Destined to China are Already Approaching Record High Levels
Mexico and Japan are Among the Top U.S. Corn Importers
Soybeans
Apr ’21 U.S. Soybean Exports Declined Seasonally to a Four and a Half Year Low Level
Apr ’21 U.S. Soybean Export Volumes Declined 37.6% MOM While Finishing 36.0% Lower YOY
Apr ’21 U.S. Soybean Exports Declined to a Five Year Low Seasonal Level
The Apr ’21 YOY Decline in U.S. Soybean Exports was the Largest in the Past Nine Months
Mexico was the Top Destination for U.S. Soybean Exports During Apr ’21
Apr ’21 U.S. Soybean Exports Destined to China Down, Taiwan up, Most Significantly YOY
U.S. Soybean Exports to China Have Remained Most Significantly Higher Over the Past 12 Mo
2020 Annual U.S. Soybean Exports Destined to China Remained Slightly Below the 2016 Highs
China, the EU-27+UK and Mexico are Among the Top U.S. Soybean Importers