According to the USDA, soybean meal export volumes declined on a YOY basis for the third consecutive month throughout May ’21, finishing down 3.1% and reaching a four year low seasonal level. May ’21 soybean oil export volumes declined on a YOY basis for the fourth consecutive month, finishing down 80.1% and reaching a seven year low seasonal level.

Soybean Meal

May ’21 U.S. Soybean Meal Exports Declined to an Eight Month Low Level

May ’21 U.S. Soybean Meal Export Volumes Declined 3.9% MOM and 3.1% YOY

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

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

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

May ’21 U.S. Soybean Meal Exports Destined to the Philippines Down Most Significantly YOY

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

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

Soybean Oil

May ’21 U.S. Soybean Oil Export Volumes Declined to a 20 Month Low Level

May ’21 U.S. Soybean Oil Export Volumes Declined 46.8% MOM and 80.1% YOY

May ’21 U.S. Soybean Oil Export Volumes Reached a Seven Year Low Seasonal Level

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

Guatemala was the Top Destination for U.S. Soybean Oil Exports During May ’21

May ’21 U.S. Soybean Oil Exports Destined to South Korea Down Most Significantly YOY

U.S. Soybean Oil Exports Destined to Mexico Down Most Significantly Over the Past 12 Mo

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