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A draft of the European Commission's upcoming protein strategy, expected 1 July, highlights a plant protein trade deficit of about 13.9 million tonnes, mostly used in animal feed. It calls for more domestic protein crop production using CAP funds and other tools.
A push for domestic protein crops could gradually reduce EU import demand for soybean meal and other plant proteins over the longer term. The draft is unfinished, so near-term price effects are limited.
euractiv.comEuractivJun 22, 2026After 223 past bearish policy events, SBM moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
