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

  • December 7, 2020
  • by Belinda Przybylski
According to the USDA, corn export volumes remained higher on a YOY basis for the sixth consecutive month, finishing 68.7% above previous year levels on strong Chinese demand. Oct ’20 soybean export volumes increased 94.1% on a YOY basis, reaching a record high monthly level, also on strong Chinese demand. Corn Oct ’20 U.S. Corn Export Volumes Declined Seasonally to a Nine Month Low Level Oct ’20 U.S. Corn Export Volumes Declined 1.0% MOM but Remained up 68.7% YOY Oct ’20 U.S. Corn Export Volumes Reached the Second Highest Seasonal Level in 13 Years The Oct ’20 YOY Increase in U.S. Corn Export Volumes was the Sixth Experienced in a Row Mexico and China Were the Top Destinations for U.S. Corn Exports During Oct ’20 Oct ’20 U.S. Corn Exports Destined to China Increased Most Significantly YOY U.S. Corn Exports Destined to China up, Japan Down, Most Significantly Over the Past 12 Mo 2020 Annual U.S. Corn Exports Destined to China Have Reached an Eight Year High Thru Oct Mexico and Japan are Among the Top U.S. Corn Importers Soybeans Oct ’20 U.S. Soybean Export Volumes Increased to a Record High Monthly Level Oct ’20 U.S. Soybean Export Volumes Increased 42.3% MOM and 94.1% YOY Oct ’20 U.S. Soybean Exports Reached a Record High Seasonal Level The Oct ’20 YOY Increase in U.S. Soybean Exports was the Second Experienced in a Row China was the Top Destination for U.S. Soybean Exports During Oct ’20 Oct ’20 U.S. Soybean Exports Destined to China Increased Most Significantly YOY U.S. Soybean Exports to China Have Increased Most Significantly Over the Past 12 Months 2020 Annual U.S. Soybean Exports Destined to China on Pace to Remain Below Record Highs China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers  
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