According to the USDA, corn export volumes remained higher on a YOY basis for the ninth consecutive month throughout Jan ’21, finishing 132.7% above previous year levels and reaching a record high seasonal level on continued strong Chinese demand. Jan ’21 soybean export volumes declined seasonally to a four month low but remained 66.0% above previous year levels, reaching a record high seasonal level, also on continued strong Chinese demand.

Corn

Jan ’21 U.S. Corn Exports Reached a 29 Month High Level

Jan ’21 U.S. Corn Export Volumes Increased 25.7% MOM and 132.7% YOY

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

The Jan ’21 YOY Increase in U.S. Corn Export Volumes was the Ninth Experienced in a Row

Japan & China Were the Top Destinations for U.S. Corn Exports During Jan ’21

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

U.S. Corn Exports Destined to China up, Canada Down, Most Significantly Over the Past 12 Mo

2020 Annual U.S. Corn Exports Destined to China Reached a Record High Level

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

Soybeans

Jan ’21 U.S. Soybean Exports Declined Seasonally to a Four Month Low Level

Jan ’21 U.S. Soybean Export Volumes Declined 18.4% MOM but Remained up 66.0% YOY

Jan ’21 U.S. Soybean Exports Reached a Record High Seasonal Level

The Jan ’21 YOY Increase in U.S. Soybean Exports was the Fifth Experienced in a Row

China Remained the Top Destination for U.S. Soybean Exports During Jan ’21

Jan ’21 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 Remained Slightly Below the 2016 Highs

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