According to the USDA, U.S. corn export volumes declined to a seven month low level but remained higher on a YOY basis for the 15^th consecutive month throughout Jul ’21, finishing 23.7% above previous year levels. The YOY increase in corn export volumes was the smallest experienced throughout the past 14 months, however. Jul ’21 U.S. soybean export volumes declined to a five year low level, finishing 57.9% below previous year levels.

Corn

Jul ’21 U.S. Corn Exports Declined to a Seven Month Low Level

Jul ’21 U.S. Corn Export Volumes Declined 16.4% MOM but Finished 23.7% Higher YOY

Jul ’21 U.S. Corn Export Volumes Reached a Three Year High Seasonal Level

The Jul ’21 YOY Increase in U.S. Corn Export Volumes was the 15^th Experienced in a Row

China was the Top Destination for U.S. Corn Exports During Jul ’21

Jul ’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 Have Reached a Record High Annual Level

Mexico and Japan are Historically Among the Top U.S. Corn Importers

Soybeans

Jul ’21 U.S. Soybean Exports Declined to a Five Year Low Level

Jul ’21 U.S. Soybean Export Volumes Declined 1.1% MOM and 57.9% YOY

Jul ’21 U.S. Soybean Exports Declined to a Seven Year Low Seasonal Level

The Jul ’21 YOY Decline in U.S. Soybean Exports was the Fifth Experienced in a Row

Mexico was the Top Destination for U.S. Soybean Exports During Jul ’21

Jul ’21 U.S. Soybean Exports Destined to China and Egypt Declined Most Significantly YOY

U.S. Soybean Exports to China Have Remained Most Significantly Higher Over the Past 12 Mo

2021 YTD U.S. Soybean Exports Destined to China are on Pace to Reach a Three Year Low

China, the EU-27+UK and Mexico are Historically Among the Top U.S. Soybean Importers