More soybeans from the US
Brazil and the US remained the top suppliers with almost identical shares. By mid-November, the EU had imported just less than 1.8 million tonnes of soybeans from the US, around 0.3 million tonnes more than in the year-earlier period. In other words, the US increased their share of total EU soy imports 6 percentage points to 44 per cent. On the other hand, volumes from Brazil nearly remained at the previous year’s level at just under 1.7 million tonnes. By contrast, imports from Canada and Ukraine saw a significant decline.
Soybean meal is another important oilseed commodity imported by the EU. According to investigations conducted by Agrarmarkt Informations-Gesellschaft (mbH), import volumes fell marginally short of the previous year’s level.
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