According to the USDA, soybean meal export volumes declined on a YOY basis for the seventh consecutive month throughout Sep ’21, finishing down 19.0% and reaching a three and a half year low level, overall. Sep ’21 soybean oil export volumes remained lower on a YOY basis for the eighth consecutive month, finishing down 81.1% and reaching a 46 year low seasonal level.

Soybean Meal

Sep ’21 U.S. Soybean Meal Exports Declined to a Three and a Half Year Low Level

Sep ’21 U.S. Soybean Meal Exports Declined 13.8% MOM While Finishing 19.0% Lower YOY

Sep ’21 U.S. Soybean Meal Exports Reached a Four Year Low Seasonal Level

The Sep ’21 YOY Decline in U.S. Soybean Meal Exports was the Seventh Experienced in a Row

Mexico was the Top Destination for U.S. Soybean Meal Exports During Sep ’21

Sep ’21 U.S. Soybean Meal Exports Destined to Morocco 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

Sep ’21 U.S. Soybean Oil Exports Rebounded From the Previous Month’s 25 Year Low Level

Sep ’21 U.S. Soybean Oil Exports Increased 42.5% MOM but Remained 81.1% Lower YOY

Sep ’21 U.S. Soybean Oil Export Volumes Reached a 46 Year Low Seasonal Level

The Sep ’21 YOY Decline in U.S. Soybean Oil Exports was the Eighth Experienced in a Row

Venezuela was the Top Destination for U.S. Soybean Oil Exports During Sep ’21

Sep ’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