Loading…
Brazil's soybean industry fears the EU's anti-deforestation regulation (EUDR), which starts December 30, could curb soymeal exports to the bloc. FEFAC warned that traceability requirements could shut out up to 4 million tons, about 17% of Brazil's exports.
Argentina says it is better placed to comply and sees an opening in the EU market.
Brazil supplies about half of EU soymeal imports, so any loss of compliant volume could tighten EU feed supply and shift meal sourcing toward Argentina. The net effect on world soymeal prices is uncertain until compliance costs and trade flows are clearer.
brecorder.comReutersOct 31, 2026After 206 past neutral policy events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
After 554 past neutral policy events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), 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.
