U.S. Soybean Meal & Oil Exports Update – Aug…
According to the USDA, soybean meal export volumes declined on a YOY basis for the fourth consecutive month throughout Jun ’21, finishing down 16.1% and reaching a 23 month low level, overall. Jun ’21 soybean oil export volumes declined on a YOY basis for the fifth consecutive month, finishing down 45.4% and reaching a seven year low seasonal level.
Soybean Meal
Jun ’21 U.S. Soybean Meal Exports Declined to a 23 Month Low Level
Jun ’21 U.S. Soybean Meal Export Volumes Declined 9.7% MOM and 16.1% YOY
Jun ’21 U.S. Soybean Meal Exports Finished at the Second Lowest Seasonal Level in Four Years
The Jun ’21 YOY Decline in U.S. Soybean Meal Exports was the Fourth Experienced in a Row
The Philippines was the Top Destination for U.S. Soybean Meal Exports During Jun ’21
Jun ’21 U.S. Soybean Meal Exports Destined to Columbia 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
Jun ’21 U.S. Soybean Oil Exports Rebounded From the Previous Month’s 20 Month Low Level
Jun ’21 U.S. Soybean Oil Exports Rebounded 32.9% MOM but Remained Down 45.4% YOY
Jun ’21 U.S. Soybean Oil Export Volumes Reached a Seven Year Low Seasonal Level
The Jun ’21 YOY Decline in U.S. Soybean Oil Exports was the Fifth Experienced in a Row
South Korea was the Top Destination for U.S. Soybean Oil Exports During Jun ’21
Jun ’21 U.S. Soybean Oil Exports Destined to Columbia Down Most Significantly YOY
U.S. Soybean Oil Exports Destined to Columbia Down Most Significantly Over the Past 12 Mo
South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers