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U.S. Corn & Soybeans Exports Update – Aug ’20

  • August 11, 2020
  • by Belinda Przybylski
According to the USDA, corn export volumes declined to a three month low level throughout Jun ’20 but remained 69.6% above previous year levels, increasing by a 19 month high growth rate. Jun ’20 soybean export volumes declined to a three year low level, however, finishing 44.9% lower on a YOY basis. Corn Jun ’20 U.S. Corn Export Volumes Declined to a Three Month Low Level Jun ’20 U.S. Corn Export Volumes Declined 8.7% MOM but Remained up 69.6% YOY Jun ’20 U.S. Corn Export Volumes Remained Below the 2018 Record High Seasonal Level The Jun ’20 YOY Increase in U.S. Corn Export Volumes was the Largest in 19 Months Mexico and Japan Were the Top Destinations for U.S. Corn Exports During Jun ’20 Jun ’20 U.S. Corn Exports Destined to Mexico Increased Most Significantly YOY U.S. Corn Exports Destined to Japan Down Most Significantly Over the Past 12 Months Mexico and Japan are Among the Top U.S. Corn Importers Soybeans Jun ’20 U.S. Soybean Export Volumes Declined to a Three Year Low Level Jun ’20 U.S. Soybean Export Volumes Declined 5.4% MOM and 44.9% YOY Jun ’20 U.S. Soybean Export Volumes Declined to a Three Year Seasonal Low Level The Jun ’20 YOY Decline in U.S. Soybean Exports was the Largest in 19 Months China and Mexico Were the Top Destinations for U.S. Soybean Exports During Jun ’20 Jun ’20 U.S. Soybean Exports Destined to China Declined Most Significantly YOY U.S. Soybean Exports to China Remain Most Significantly Higher Over the Past 12 Months China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers  
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