According to the USDA, May ’20 soybean meal export volumes increased on a YOY basis for the third time in the past four months, finishing up 2.2% and reaching the second highest seasonal level on record. May ’20 soybean oil export volumes finished higher on a YOY basis for the fourth consecutive month, increasing by 74.0% and also reaching the second highest seasonal level on record. Soybean Meal May ’20 U.S. Soybean Meal Exports Declined to a Four Month Low Level May ’20 U.S. Soybean Meal Export Volumes Declined 12.9% MOM but Remained up 2.2% YOY May ’20 U.S. Soybean Meal Exports Reached the Second Highest Seasonal Level on Record The May ’20 YOY Increase in U.S. Soybean Meal Exports was the Third in Four Months The Philippines was the Top Destination for U.S. Soybean Meal Exports During May ’20 May ’20 U.S. Soybean Meal Exports Destined to the Philippines up Most Significantly YOY U.S. Soybean Meal Exports Destined to the EU-28 & Vietnam Down Over the Past 12 Months The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers Soybean Oil May ’20 U.S. Soybean Oil Exports Rebounded to a Three Month High Level May ’20 U.S. Soybean Oil Export Volumes Increased 50.4% MOM and 74.0% YOY May ’20 U.S. Soybean Oil Exports Reached the Second Highest Seasonal Level on Record The May ’20 YOY Increase in U.S. Soybean Oil Exports was the Fourth Experienced in a Row South Korea was the Top Destination for U.S. Soybean Oil Exports During May ’20 May ’20 U.S. Soybean Oil Exports Destined to South Korea 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