According to the USDA, soybean meal export volumes increased on a YOY basis for the fourth consecutive month throughout Aug ’20, finishing up 5.0% and reaching the second highest seasonal level on record. Aug ’20 soybean oil export volumes remained higher on a YOY basis for the sixth time in the past seven months, increasing by 21.8% and reaching an eight year seasonal high level. Soybean Meal Aug ’20 U.S. Soybean Meal Exports Declined to a Three Month Low Level Aug ’20 U.S. Soybean Meal Export Volumes Declined 4.4% MOM but Remained up 5.0% YOY Aug ’20 U.S. Soybean Meal Exports Reached the Second Highest Seasonal Level on Record The Aug ’20 YOY Increase in U.S. Soybean Meal Exports was the Fourth Experienced in a Row The Philippines was the Top Destination for U.S. Soybean Meal Exports During Aug ’20 Aug ’20 U.S. Soybean Meal Exports Destined to the Philippines up Most Significantly YOY U.S. Soybean Meal Exports Destined to Vietnam & the EU-28 Down Over the Past 12 Months The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers Soybean Oil Aug ’20 U.S. Soybean Oil Exports Rebounded to a Three Month High Level Aug ’20 U.S. Soybean Oil Export Volumes Increased 22.5% MOM and 21.8% YOY Aug ’20 U.S. Soybean Oil Exports Reached an Eight Year Seasonal High Level The Aug ’20 YOY Increase in U.S. Soybean Oil Exports was the Sixth in the Past Seven Months South Korea was the Top Destination for U.S. Soybean Oil Exports During Aug ’20 Aug ’20 U.S. Soybean Oil Exports Destined to Venezuela up Most Significantly YOY U.S. Soybean Oil Exports Destined to Morocco up Most Significantly Over the Past 12 Months South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers