U.S. Corn & Soybeans Exports Update – Feb ’21
According to the USDA, corn export volumes remained higher on a YOY basis for the eighth consecutive month, finishing 79.7% above previous year levels and reaching a 13 year high seasonal level on continued strong Chinese demand. Dec ’20 soybean export volumes declined to a three month low but remained 91.2% above previous year levels, reaching a record high seasonal level, also on continued strong Chinese demand.
Corn
Dec ’20 U.S. Corn Exports Reached a Six Month High Level
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-176.png)
Dec ’20 U.S. Corn Export Volumes Increased 16.9% MOM and 79.7% YOY
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-177.png)
Dec ’20 U.S. Corn Export Volumes Reached a 13 Year High Seasonal Level
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-178.png)
The Dec ’20 YOY Increase in U.S. Corn Export Volumes was the Eighth Experienced in a Row
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-179.png)
China & Mexico Were the Top Destinations for U.S. Corn Exports During Dec ’20
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-180.png)
Dec ’20 U.S. Corn Exports Destined to China Remained Most Significantly Higher YOY
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-181.png)
U.S. Corn Exports Destined to China up, Canada Down, Most Significantly Over the Past 12 Mo
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-182.png)
2020 Annual U.S. Corn Exports Destined to China Reached a Record High Level
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-183.png)
Mexico and Japan are Among the Top U.S. Corn Importers
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-184.png)
Soybeans
Dec ’20 U.S. Soybean Exports Declined to a Three Month Low Level
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-185.png)
Dec ’20 U.S. Soybean Export Volumes Declined 5.7% MOM but Remained up 91.2% YOY
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-186.png)
Dec ’20 U.S. Soybean Exports Reached a Record High Seasonal Level
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-187.png)
The Dec ’20 YOY Increase in U.S. Soybean Exports was the Fourth Experienced in a Row
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-188.png)
China Remained the Top Destination for U.S. Soybean Exports During Dec ’20
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-189.png)
Dec ’20 U.S. Soybean Exports Destined to China Increased Most Significantly YOY
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-190.png)
U.S. Soybean Exports to China Have Increased Most Significantly Over the Past 12 Months
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-191.png)
2020 Annual U.S. Soybean Exports Destined to China Remained Slightly Below the 2016 Highs
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-192.png)
China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers
![](http://www.attenbabler.com/wp-content/uploads/2021/02/word-image-193.png)