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U.S. Soybean Meal & Oil Exports Update – Nov…

  • November 6, 2020
  • by Belinda Przybylski
According to the USDA, soybean meal export volumes increased on a YOY basis for the fifth consecutive month throughout Sep ’20, finishing up 10.5% and reaching a record high seasonal level. Sep ’20 soybean oil export volumes remained higher on a YOY basis for the seventh time in the past eight months, increasing by 273.5% and reaching a four year seasonal high level. Soybean Meal Sep ’20 U.S. Soybean Meal Exports Declined to an Eight Month Low Level Sep ’20 U.S. Soybean Meal Export Volumes Declined 0.2% MOM but Remained up 10.5% YOY Sep ’20 U.S. Soybean Meal Exports Reached a Record High Seasonal Level The Sep ’20 YOY Increase in U.S. Soybean Meal Exports was the Fifth Experienced in a Row The Philippines was the Top Destination for U.S. Soybean Meal Exports During Sep ’20 Sep ’20 U.S. Soybean Meal Exports Destined to Morocco up 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 Sep ’20 U.S. Soybean Oil Exports Declined From the Previous Month’s Three Month High Sep ’20 U.S. Soybean Oil Export Volumes Declined 7.7% MOM but Finished up 273.5% YOY Sep ’20 U.S. Soybean Oil Exports Reached a Four Year Seasonal High Level The Sep ’20 YOY Increase in U.S. Soybean Oil Exports was the Seventh in Eight Months South Korea was the Top Destination for U.S. Soybean Oil Exports During Sep ’20 Sep ’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  
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