EU is reducing imports of soybeans and meal by 8% and 7%, respectively, since the beginning of the season
According to the European Commission (EC), as of May 17, total soybean imports into the EU for the 2025/26 marketing year had decreased by 8% year-on-year to 11.61 million tonnes. Within this volume, Brazil and Ukraine’s market shares increased, while Argentina’s declined.
The decline in soybean meal imports into the EU was 7% year-on-year and reflects subdued demand for soybean meal in the EU region amid a bumper harvest and growing supplies, which is putting some downward pressure on spot prices.
Experts note that soybean meal prices will remain under pressure in the short term.
Total grain imports into the EU for 2025/26 were also lower than for the same period last year, amounting to 22.459 million tonnes—a 20% decrease compared to the same period last year.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Rain Deficit May Intensify Competition for Romanian Sunflower
EU calls on Hungary to lift the ban on agricultural products from Ukraine
Global frozen potato market is slowing down
Concerns about the new EU rapeseed crop increase due to mixed weather conditions
Wheat extends decline as Iran talks and USDA report weigh on markets
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon