According to the USDA, Oct ’21 U.S. corn export volumes rebounded seasonally from the 20 month low level experienced throughout the previous month while finishing 3.7% above previous year figures, reaching a three year high seasonal level. Oct ’21 U.S. soybean export volumes increased seasonally to an 11 month high level but finished 9.7% below the record high seasonal level experienced throughout the previous year. Oct ’21 U.S. soybean export volumes remained at the third highest seasonal level on record, however.

Corn

Oct ’21 U.S. Corn Exports Rebounded Seasonally From the Previous Month’s 20 Month Low

Oct ’21 U.S. Corn Export Volumes Increased 44.8% MOM While Finishing 3.7% Higher YOY

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

The Oct ’21 YOY Increase in U.S. Corn Export Volumes was the First in the Past Three Months

Mexico was the Top Destination for U.S. Corn Exports During Oct ’21

Oct ’21 U.S. Corn Exports Destined to Mexico up, China Down, Most Significantly YOY

U.S. Corn Exports Destined to China Remain 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

Oct ’21 U.S. Soybean Exports Increased Seasonally to an 11 Month High Level

Oct ’21 U.S. Soybean Export Volumes Increased 369.1% MOM but Remained 9.7% Lower YOY

Oct ’21 U.S. Soybean Export Volumes Remained at the Third Highest Seasonal Level on Record

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

China was the Top Destination for U.S. Soybean Exports During Oct ’21

Oct ’21 U.S. Soybean Exports Destined to China 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 Finish Lower YOY

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