According to the USDA, U.S. corn export volumes remained higher on a YOY basis for the 13^th consecutive month throughout May ’21, finishing 51.2% above previous year levels and remaining at a record high seasonal level on continued strong Chinese demand. May ’21 U.S. soybean export volumes declined to a four and a half year low level, however, finishing 34.0% below previous year levels.

Corn

May ’21 U.S. Corn Exports Declined to a Three Month Low Level but Remained Elevated

May ’21 U.S. Corn Export Volumes Declined 3.5% MOM but Remained 51.2% Higher YOY

May ’21 U.S. Corn Export Volumes Reached a Record High Seasonal Level

The May ’21 YOY Increase in U.S. Corn Export Volumes was the 13^th Experienced in a Row

China, Mexico and Japan Were the Top Destinations for U.S. Corn Exports During May ’21

May ’21 U.S. Corn Exports Destined to China Remained Most Significantly Higher YOY

U.S. Corn Exports Destined to China up Most Significantly Over the Past 12 Months

2021 YTD U.S. Corn Exports Destined to China Have Reached a Record High Annual Level

Mexico and Japan are Traditionally Among the Top U.S. Corn Importers

Soybeans

May ’21 U.S. Soybean Exports Declined Seasonally to a Four and a Half Year Low Level

May ’21 U.S. Soybean Export Volumes Declined 11.5% MOM and 34.0% YOY

May ’21 U.S. Soybean Exports Declined to a Five Year Low Seasonal Level

The May ’21 YOY Decline in U.S. Soybean Exports was the Third Experienced in a Row

Mexico was the Top Destination for U.S. Soybean Exports During May ’21

May ’21 U.S. Soybean Exports Destined to Egypt and China Down Most Significantly YOY

U.S. Soybean Exports to China Have Remained Most Significantly Higher Over the Past 12 Mo

2020 Annual U.S. Soybean Exports Destined to China Remained Slightly Below the 2016 Highs

China, the EU-27+UK and Mexico are Among the Top U.S. Soybean Importers