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

  • October 14, 2020October 14, 2020
  • by Belinda Przybylski
According to the USDA, corn export volumes remained higher on a YOY basis for the fourth consecutive month, finishing 62.5% above previous year levels but remaining below the 2018 record high seasonal level. Aug ’20 soybean export volumes increased seasonally to a seven month high level but remained 7.9% lower on a YOY basis. Corn Aug ’20 U.S. Corn Export Volumes Rebounded From the Previous Month’s Five Month Low Aug ’20 U.S. Corn Export Volumes Increased 4.5% MOM and 62.5% YOY Aug ’20 U.S. Corn Export Volumes Remained Below the 2018 Record High Seasonal Level The Aug ’20 YOY Increase in U.S. Corn Export Volumes was the Fourth Experienced in a Row Mexico and China Were the Top Destinations for U.S. Corn Exports During Aug ’20 Aug ’20 U.S. Corn Exports Destined to China Increased Most Significantly YOY U.S. Corn Exports Destined to Japan Down Most Significantly Over the Past 12 Months Mexico and Japan are Among the Top U.S. Corn Importers Soybeans Aug ’20 U.S. Soybean Export Volumes Increased Seasonally to a Seven Month High Aug ’20 U.S. Soybean Export Volumes Increased 105.3% MOM but Remained Down 7.9% YOY Aug ’20 U.S. Soybean Exports Remained at the Second Highest Seasonal Level on Record The Aug ’20 YOY Decline in U.S. Soybean Exports was the Seventh Experienced in a Row China was the Top Destination for U.S. Soybean Exports During Aug ’20 Aug ’20 U.S. Soybean Exports Destined to China Declined Most Significantly YOY U.S. Soybean Exports to China Remain Most Significantly Higher Over the Past 12 Months China, the EU-28 and Mexico are Among the Top U.S. Soybean Importers  
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