U.S. Corn & Soybeans Exports Update – May ’21
According to the USDA, U.S. corn export volumes remained higher on a YOY basis for the 11th consecutive month throughout Mar ’21, finishing 105.1% above previous year levels and reaching a record high monthly level on continued strong Chinese demand. Mar ’21 U.S. soybean export volumes declined seasonally to an eight month low while finishing 10.7% below previous year levels and reaching an eight year low seasonal level, however, despite continued strong Chinese demand.
Corn
Mar ’21 U.S. Corn Exports Reached a Record High Monthly Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-133.png)
Mar ’21 U.S. Corn Export Volumes Increased 35.6% MOM and 105.1% YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-134.png)
Mar ’21 U.S. Corn Export Volumes Finished 80.6% Above Three Year Avg. Seasonal Levels
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-135.png)
The Mar ’21 YOY Increase in U.S. Corn Export Volumes was the 11th Experienced in a Row
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-136.png)
China, Japan and Mexico Were the Top Destinations for U.S. Corn Exports During Mar ’21
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-137.png)
Mar ’21 U.S. Corn Exports Destined to China Remained Most Significantly Higher YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-138.png)
U.S. Corn Exports Destined to China up Most Significantly Over the Past 12 Months
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-139.png)
2020 Annual U.S. Corn Exports Destined to China Reached a Record High Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-140.png)
Mexico and Japan are Among the Top U.S. Corn Importers
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-141.png)
Soybeans
Mar ’21 U.S. Soybean Exports Declined Seasonally to an Eight Month Low Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-142.png)
Mar ’21 U.S. Soybean Export Volumes Declined 54.5% MOM While Finishing 10.7% Lower YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-143.png)
Mar ’21 U.S. Soybean Exports Declined to an Eight Year Low Seasonal Level
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-144.png)
The Mar ’21 YOY Decline in U.S. Soybean Exports was the First in the Past Seven Months
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-145.png)
China Remained the Top Destination for U.S. Soybean Exports During Mar ’21
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-146.png)
Mar ’21 U.S. Soybean Exports Destined to Bangladesh Down, China up, Most Significantly YOY
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-147.png)
U.S. Soybean Exports to China Have Increased Most Significantly Over the Past 12 Months
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-148.png)
2020 Annual U.S. Soybean Exports Destined to China Remained Slightly Below the 2016 Highs
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-149.png)
China, the EU-27+UK and Mexico are Among the Top U.S. Soybean Importers
![](http://www.attenbablercommodities.com/wp-content/uploads/2021/05/word-image-150.png)