According to the USDA, soybean meal export volumes remained below previous year levels for the ninth time in the past ten months throughout Dec ’21, declining by 3.6% but remaining at the third highest seasonal level on record. Dec ’21 soybean oil export volumes remained below previous year levels for the tenth time in the past 11 months, finishing 22.2% below previous year figures and reaching a three year low seasonal level.

Soybean Meal

Dec ’21 U.S. Soybean Meal Exports Increased to a Ten Month High Level

Dec ’21 U.S. Soybean Meal Exports Increased 1.8% MOM but Finished 3.6% Lower YOY

Dec ’21 U.S. Soybean Meal Exports Remained at the Third Highest Seasonal Level on Record

The Dec ’21 YOY Decline in U.S. Soybean Meal Exports was the Ninth in the Past Ten Months

The Philippines was the Top Destination for U.S. Soybean Meal Exports During Dec ’21

Dec ’21 U.S. Soybean Meal Exports Destined to Ecuador Down Most Significantly YOY

U.S. Soybean Meal Exports Destined to the Philippines Down Over the Past 12 Months

The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers

Soybean Oil

Dec ’21 U.S. Soybean Oil Exports Declined From the Previous Month’s Nine Month High Level

Dec ’21 U.S. Soybean Oil Exports Declined 30.3% MOM While Finishing 22.2% Lower YOY

Dec ’21 U.S. Soybean Oil Exports Reached a Three Year Low Seasonal Level

The Dec ’21 YOY Decline in U.S. Soybean Oil Exports was the Tenth in the Past 11 Months

India was the Top Destination for U.S. Soybean Oil Exports During Dec ’21

Dec ’21 U.S. Soybean Oil Exports Destined to South Korea Declined Most Significantly YOY

U.S. Soybean Oil Exports to South Korea Down Most Significantly Over the Past 12 Months

South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers