U.S. Corn & Soybeans Exports Update – Feb ’22
According to the USDA, Dec ’21 U.S. corn export volumes rebounded seasonally to a five month high level while finishing 7.3% above previous year figures, reaching a 14 year high seasonal level. Dec ’21 U.S. soybean export volumes declined seasonally to a three month low level while finishing 22.4% below previous year levels but remained at the third highest seasonal level on record.
Corn
Dec ’21 U.S. Corn Export Volumes Increased Seasonally to a Five Month High Level
Dec ’21 U.S. Corn Export Volumes Increased 4.5% MOM While Finishing 7.3% Higher YOY
Dec ’21 U.S. Corn Export Volumes Reached a 14 Year High Seasonal Level
The Dec ’21 YOY Increase in U.S. Corn Export Volumes was the 18th in the Past 20 Months
Mexico was the Top Destination for U.S. Corn Exports During Dec ’21
Dec ’21 U.S. Corn Exports Destined to Canada up, China Down, Most Significantly YOY
U.S. Corn Exports Destined to China Remain up Most Significantly Over the Past 12 Months
2021 U.S. Corn Exports Destined to China Reached a Record High Annual Level
Mexico and Japan are Historically Among the Top U.S. Corn Importers
Soybeans
Dec ’21 U.S. Soybean Exports Declined Seasonally to a Three Month Low Level
Dec ’21 U.S. Soybean Export Volumes Declined 26.2% MOM While Finishing 22.4% Lower YOY
Dec ’21 U.S. Soybean Exports Remained at the Third Highest Seasonal Level on Record
The Dec ’21 YOY Decline in U.S. Soybean Exports was the Tenth Experienced in a Row
China was the Top Destination for U.S. Soybean Exports During Dec ’21
Dec ’21 U.S. Soybean Exports Destined to China Declined Most Significantly YOY
U.S. Soybean Exports to China Have Declined Most Significantly Over the Past 12 Months
2021 U.S. Soybean Exports to China Remained at the Second Highest Level in Four Years
China, the EU-27+UK and Mexico are Historically Among the Top U.S. Soybean Importers