According to the USDA, soybean meal export volumes finished above previous year levels for the first time in the past nine months throughout Nov ’21, increasing by 3.9% and reaching an eight year high seasonal level. Nov ’21 soybean oil export volumes finished above previous year levels for the first time in the past ten months, finishing 43.1% above previous year figures and reaching the second highest seasonal level experienced throughout the past nine years.

Soybean Meal

Nov ’21 U.S. Soybean Meal Exports Increased Seasonally to a Nine Month High Level

Nov ’21 U.S. Soybean Meal Exports Increased 25.7% MOM While Finishing 3.9% Higher YOY

Nov ’21 U.S. Soybean Meal Exports Reached an Eight Year High Seasonal Level

The Nov ’21 YOY Increase in U.S. Soybean Meal Exports was the First in the Past Nine Months

Columbia was the Top Destination for U.S. Soybean Meal Exports During Nov ’21

Nov ’21 U.S. Soybean Meal Exports Destined to China up Most Significantly YOY

U.S. Soybean Meal Exports Destined to the Philippines Down Over the Past 12 Months

The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers

Soybean Oil

Nov ’21 U.S. Soybean Oil Exports Rebounded to a Nine Month High Level

Nov ’21 U.S. Soybean Oil Exports Increased 358.5% MOM While Finishing 43.1% Higher YOY

Nov ’21 U.S. Soybean Oil Exports Reached the Second Highest Seasonal Level in Nine Years

The Nov ’21 YOY Increase in U.S. Soybean Oil Exports was the First in the Past Ten Months

India was the Top Destination for U.S. Soybean Oil Exports During Nov ’21

Nov ’21 U.S. Soybean Oil Exports Destined to India Increased Most Significantly YOY

U.S. Soybean Oil Exports to South Korea Down Most Significantly Over the Past 12 Months

South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers