According to the USDA, soybean meal export volumes declined on a YOY basis for the sixth consecutive month throughout Aug ’21, finishing down 14.3% and reaching a four year low seasonal level. Aug ’21 soybean oil export volumes remained lower on a YOY basis for the seventh consecutive month, finishing down 87.7% and reaching a 25 year low level, overall.

Soybean Meal

Aug ’21 U.S. Soybean Meal Exports Declined From the Previous Month

Aug ’21 U.S. Soybean Meal Exports Declined 11.4% MOM While Finishing 14.3% Lower YOY

Aug ’21 U.S. Soybean Meal Exports Reached a Four Year Low Seasonal Level

The Aug ’21 YOY Decline in U.S. Soybean Meal Exports was the Sixth Experienced in a Row

The Philippines was the Top Destination for U.S. Soybean Meal Exports During Aug ’21

Aug ’21 U.S. Soybean Meal Exports Destined to the Philippines Down Most Significantly YOY

U.S. Soybean Meal Exports Destined to Vietnam up Over the Past 12 Months

The Philippines, Mexico and Columbia are Among the Top U.S. Soybean Meal Importers

Soybean Oil

Aug ’21 U.S. Soybean Oil Exports Declined to a 25 Year Low Level

Aug ’21 U.S. Soybean Oil Exports Declined 31.2% MOM While Finishing 87.7% Lower YOY

Aug ’21 U.S. Soybean Oil Export Volumes Reached a 46 Year Low Seasonal Level

The Aug ’21 YOY Decline in U.S. Soybean Oil Exports was the Seventh Experienced in a Row

Jamaica was the Top Destination for U.S. Soybean Oil Exports During Aug ’21

Aug ’21 U.S. Soybean Oil Exports Destined to South Korea Declined Most Significantly YOY

U.S. Soybean Oil Exports Destined to Columbia Down Most Significantly Over the Past 12 Mo

South Korea, Mexico and the Dominican Republic are Among the Top U.S. Bean Oil Importers