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U.S. Corn & Soybeans Exports Update – Feb ’21

  • February 8, 2021
  • by Belinda Przybylski

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

Dec ’20 U.S. Corn Export Volumes Increased 16.9% MOM and 79.7% YOY

Dec ’20 U.S. Corn Export Volumes Reached a 13 Year High Seasonal Level

The Dec ’20 YOY Increase in U.S. Corn Export Volumes was the Eighth Experienced in a Row

China & Mexico Were the Top Destinations for U.S. Corn Exports During Dec ’20

Dec ’20 U.S. Corn Exports Destined to China Remained Most Significantly Higher YOY

U.S. Corn Exports Destined to China up, Canada Down, Most Significantly Over the Past 12 Mo

2020 Annual U.S. Corn Exports Destined to China Reached a Record High Level

Mexico and Japan are Among the Top U.S. Corn Importers

Soybeans

Dec ’20 U.S. Soybean Exports Declined to a Three Month Low Level

Dec ’20 U.S. Soybean Export Volumes Declined 5.7% MOM but Remained up 91.2% YOY

Dec ’20 U.S. Soybean Exports Reached a Record High Seasonal Level

The Dec ’20 YOY Increase in U.S. Soybean Exports was the Fourth Experienced in a Row

China Remained the Top Destination for U.S. Soybean Exports During Dec ’20

Dec ’20 U.S. Soybean Exports Destined to China Increased Most Significantly YOY

U.S. Soybean Exports to China Have Increased Most Significantly Over the Past 12 Months

2020 Annual U.S. Soybean Exports Destined to China Remained Slightly Below the 2016 Highs

China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers

Soybean Complex Price & Value Update – Feb ’21
U.S. Soybean Meal & Oil Exports Update – Feb ’21
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11406 US Route 20 W
Galena, IL 61036
800-884-8290
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