U.S. Soybean Meal & Oil Exports Update – Sep…
According to the USDA, soybean meal export volumes declined on a YOY basis for the fifth consecutive month throughout Jul ’21, finishing down 1.9% but remaining at the second highest seasonal level on record. Jul ’21 soybean oil export volumes declined on a YOY basis for the sixth consecutive month, finishing down 78.3% and reaching a 24 year low level, overall.
Soybean Meal
Jul ’21 U.S. Soybean Meal Exports Rebounded to a Three Month High Level
Jul ’21 U.S. Soybean Meal Export Volumes up 14.1% MOM but Down 1.9% YOY
Jul ’21 U.S. Soybean Meal Exports Remained at the Second Highest Seasonal Level on Record
The Jul ’21 YOY Decline in U.S. Soybean Meal Exports was the Fifth Experienced in a Row
The Philippines was the Top Destination for U.S. Soybean Meal Exports During Jul ’21
Jul ’21 U.S. Soybean Meal Exports Destined to the Philippines Down Most Significantly YOY
U.S. Soybean Meal Exports Destined to the EU-27+UK up Over the Past 12 Months
The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers
Soybean Oil
Jul ’21 U.S. Soybean Oil Exports Declined to a 24 Year Low Level
Jul ’21 U.S. Soybean Oil Exports Declined 62.3% MOM While Finishing 78.3% Lower YOY
Jul ’21 U.S. Soybean Oil Export Volumes Reached a 25 Year Low Seasonal Level
The Jul ’21 YOY Decline in U.S. Soybean Oil Exports was the Sixth Experienced in a Row
Mexico was the Top Destination for U.S. Soybean Oil Exports During Jul ’21
Jul ’21 U.S. Soybean Oil Exports Destined to China Declined 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