According to the USDA, corn export volumes remained higher on a YOY basis for the tenth consecutive month throughout Feb ’21, finishing 66.9% above previous year levels and reaching a record high seasonal level on continued strong Chinese demand. Feb ’21 soybean export volumes declined seasonally to a six month low but remained 71.7% above previous year levels, reaching a five year high seasonal level, also on continued strong Chinese demand.

Corn

Feb ’21 U.S. Corn Exports Reached a 32 Month High Level

Feb ’21 U.S. Corn Export Volumes Increased 20.3% MOM and 66.9% YOY

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

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

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

Feb ’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

Feb ’21 U.S. Soybean Exports Declined Seasonally to a Six Month Low Level

Feb ’21 U.S. Soybean Export Volumes Declined 42.8% MOM but Remained up 71.1% YOY

Feb ’21 U.S. Soybean Exports Reached a Five Year High Seasonal Level

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

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

Feb ’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