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U.S. Soybean Meal & Oil Exports Update – Dec…
According to USDA, Oct ’19 soybean meal export volumes reached a six month high level, finishing higher on a YOY basis for the first time in the past seven months, while Oct ’19 soybean oil export volumes rebounded from the five year low level experienced throughout the previous month, finishing higher on a YOY basis for the first time in the past seven months.
Soybean Meal
Oct ’19 U.S. Soybean Meal Exports Increased to a Six Month High Level
Oct ’19 U.S. Soybean Meal Export Volumes Finished up 13.5% MOM and 2.9% YOY
The Philippines was the Top Destination for U.S. Bean Meal Exports During Oct ’19
Oct ’19 U.S. Bean Meal Exports Destined to the Canada Increased Most Significantly YOY
U.S. Bean Meal Exports Destined to Thailand Down, Ecuador up, Over the Past 12 Months
The Philippines, Mexico and Columbia are Among the Top U.S. Bean Meal Importers
Soybean Oil
Oct ’19 U.S. Bean Oil Exports Rebounded From the Previous Month’s Five Year Low Level
Oct ’19 U.S. Bean Oil Export Volumes Finished up 404.2% MOM and 72.7% YOY
South Korea was the Top Destinations for U.S. Bean Oil Exports During Oct ’19
Oct ’19 U.S. Bean Oil Exports Destined to South Korea up Most Significantly YOY
U.S. Bean Oil Exports Destined to Peru Down, South Korea up, Over the Past 12 Months
Mexico, South Korea and the Dominican Republic are Among the Top U.S. Bean Oil Importers
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