According to the USDA, U.S. corn export volumes rebounded seasonally to a seven month high level throughout Jan ’22 while finishing 1.6% above previous year figures, reaching a record high seasonal level. Jan ’22 U.S. soybean export volumes declined seasonally to a four month low level while finishing 26.5% below previous year levels but remained above 2018-2020 seasonal levels.

Corn

Jan ’22 U.S. Corn Export Volumes Increased Seasonally to a Seven Month High Level

Jan ’22 U.S. Corn Export Volumes Increased 18.3% MOM While Finishing 1.6% Higher YOY

Jan ’22 U.S. Corn Export Volumes Reached a Record High Seasonal Level

The Jan ’22 YOY Increase in U.S. Corn Export Volumes was the 19^th in the Past 21 Months

Mexico was the Top Destination for U.S. Corn Exports During Jan ’22

Jan ’22 U.S. Corn Exports Destined to Canada up, Japan Down, Most Significantly YOY

U.S. Corn Exports Destined to China 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

Jan ’22 U.S. Soybean Exports Declined Seasonally to a Four Month Low Level

Jan ’22 U.S. Soybean Export Volumes Declined 21.2% MOM While Finishing 26.5% Lower YOY

Jan ’22 U.S. Soybean Exports Remained Above 2018-2020 Seasonal Levels

The Jan ’22 YOY Decline in U.S. Soybean Exports was the 11^th Experienced in a Row

China Remained the Top Destination for U.S. Soybean Exports During Jan ’22

Jan ’22 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