U.S. Corn & Soybeans Exports Update – Feb ’21
According to the USDA, corn export volumes remained higher on a YOY basis for the eighth consecutive month, finishing 79.7% above previous year levels and reaching a 13 year high seasonal level on continued strong Chinese demand. Dec ’20 soybean export volumes declined to a three month low but remained 91.2% above previous year levels, reaching a record high seasonal level, also on continued strong Chinese demand.
Corn
Dec ’20 U.S. Corn Exports Reached a Six Month High Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-158.png)
Dec ’20 U.S. Corn Export Volumes Increased 16.9% MOM and 79.7% YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-159.png)
Dec ’20 U.S. Corn Export Volumes Reached a 13 Year High Seasonal Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-160.png)
The Dec ’20 YOY Increase in U.S. Corn Export Volumes was the Eighth Experienced in a Row
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-161.png)
China & Mexico Were the Top Destinations for U.S. Corn Exports During Dec ’20
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-162.png)
Dec ’20 U.S. Corn Exports Destined to China Remained Most Significantly Higher YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-163.png)
U.S. Corn Exports Destined to China up, Canada Down, Most Significantly Over the Past 12 Mo
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-164.png)
2020 Annual U.S. Corn Exports Destined to China Reached a Record High Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-165.png)
Mexico and Japan are Among the Top U.S. Corn Importers
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-166.png)
Soybeans
Dec ’20 U.S. Soybean Exports Declined to a Three Month Low Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-167.png)
Dec ’20 U.S. Soybean Export Volumes Declined 5.7% MOM but Remained up 91.2% YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-168.png)
Dec ’20 U.S. Soybean Exports Reached a Record High Seasonal Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-169.png)
The Dec ’20 YOY Increase in U.S. Soybean Exports was the Fourth Experienced in a Row
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-170.png)
China Remained the Top Destination for U.S. Soybean Exports During Dec ’20
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-171.png)
Dec ’20 U.S. Soybean Exports Destined to China Increased Most Significantly YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-172.png)
U.S. Soybean Exports to China Have Increased Most Significantly Over the Past 12 Months
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-173.png)
2020 Annual U.S. Soybean Exports Destined to China Remained Slightly Below the 2016 Highs
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-174.png)
China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/02/word-image-175.png)