According to the USDA, U.S. corn export volumes rebounded seasonally to a nine month high level throughout Feb ’22 while finishing 4.9% above previous year figures, reaching a record high seasonal level. Feb ’22 U.S. soybean export volumes declined seasonally to a five month low level while finishing 16.8% below previous year levels, reaching the second lowest seasonal level experienced throughout the past 14 years.

Corn

Feb ’22 U.S. Corn Export Volumes Increased Seasonally to a Nine Month High Level

Feb ’22 U.S. Corn Export Volumes Increased 24.2% MOM While Finishing 4.9% Higher YOY

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

The Feb ’22 YOY Increase in U.S. Corn Export Volumes was the 20^th in the Past 22 Months

China was the Top Destination for U.S. Corn Exports During Feb ’22

Feb ’22 U.S. Corn Exports Destined to Canada up, South Korea 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

Feb ’22 U.S. Soybean Exports Declined Seasonally to a Five Month Low Level

Feb ’22 U.S. Soybean Export Volumes Declined 34.3% MOM While Finishing 16.8% Lower YOY

Feb ’22 U.S. Soybean Exports Reached the Second Lowest Seasonal Level in 14 Years

The Feb ’22 YOY Decline in U.S. Soybean Exports was the 12^th Experienced in a Row

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

Feb ’22 U.S. Soybean Exports Destined to the EU-27+UK 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