According to the USDA, soybean meal export volumes declined on a YOY basis for the third consecutive month throughout Apr ’21, finishing down 13.1% and reaching a four year low seasonal level. Apr ’21 soybean oil export volumes also declined on a YOY basis for the third consecutive month, finishing down 43.7% and reaching a five year low seasonal level. Soybean meal and soybean oil export volumes each reached 15 month low levels throughout Apr ’21.

Soybean Meal

Apr ’21 U.S. Soybean Meal Exports Declined to a 15 Month Low Level

Apr ’21 U.S. Soybean Meal Export Volumes Declined 15.8% MOM and 13.1% YOY

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

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

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

Apr ’21 U.S. Soybean Meal Exports Destined to Columbia 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

Apr ’21 U.S. Soybean Oil Export Volumes Declined to a 15 Month Low Level

Apr ’21 U.S. Soybean Oil Export Volumes Declined 14.1% MOM and 43.7% YOY

Apr ’21 U.S. Soybean Oil Export Volumes Reached a Five Year Low Seasonal Level

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

South Korea was the Top Destination for U.S. Soybean Oil Exports During Apr ’21

Apr ’21 U.S. Soybean Oil Exports Destined to Mexico Down Most Significantly YOY

U.S. Soybean Oil Exports Destined to South Korea up Most Significantly Over the Past 12 Mo

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