In the marketing year ending September 30, 2013 the U.S. exported 1.7 billion bushels of soybeans valued at $28 billion – a 19% increase over the year before and setting a new record. According to the U.S. Census Bureau, of that total 1.3 billion bushels were whole soybeans, meal from soybeans accounted for 454 million bushels, and oil from soybeans accounted for 186 million bushels – representing 56% of total U.S. soybean production from last year. 87% of total 2014 exports have already been sold. Top buyers of whole U.S. soybeans are: China (772 million bushels), Mexico (98 million bushels), and Japan (63 million bushels). Top buyers of soymeal were: Mexico (meal from 59 million bushels), Philippines (meal from 47 million bushels), and Canada (meal from 43 million bushels). Top buyers of U.S. soyoil were: China (oil from 37 million bushels), Mexico (oil from 35 million bushels), and India (oil from 21million bushels).
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