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

  • January 8, 2021
  • by Belinda Przybylski
According to the USDA, soybean meal export volumes increased on a YOY basis for the sixth time in the past seven months throughout Nov ’20, finishing up 3.4% and reaching a six year high seasonal level. Nov ’20 soybean oil export volumes declined on a YOY basis for the second consecutive month, however, finishing down 31.2%. Soybean Meal Nov ’20 U.S. Soybean Meal Exports Rebounded to a Nine Month High Level Nov ’20 U.S. Soybean Meal Export Volumes Increased 21.4% MOM and 3.4% YOY Nov ’20 U.S. Soybean Meal Exports Reached a Six Year Seasonal High Level The Nov ’20 YOY Increase in U.S. Soybean Meal Exports was the Sixth in Seven Months Mexico was the Top Destination for U.S. Soybean Meal Exports During Nov ’20 Nov ’20 U.S. Soybean Meal Exports Destined to Indonesia 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 Nov ’20 U.S. Soybean Oil Exports Declined to a Four Month Low Level Nov ’20 U.S. Soybean Oil Export Volumes Declined 0.5% MOM and 31.2% YOY Nov ’20 U.S. Soybean Oil Exports Reached a Three Year Low Seasonal Level The Nov ’20 YOY Decline in U.S. Soybean Oil Exports was the Largest in Ten Months South Korea was the Top Destination for U.S. Soybean Oil Exports During Nov ’20 Nov ’20 U.S. Soybean Oil Exports Destined to Mozambique Down Most Significantly YOY U.S. Soybean Oil Exports Destined to Columbia 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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