European soymeal offers in the Netherlands rose from Eur303/mt to Eur330-345/mt FOB for November/December loading, a 9-14% weekly gain. Italian prices climbed to Eur345/mt, with premiums over CBOT widening to about $90/mt from $60/mt.
Buyers remain mostly on spot purchases amid EUDR uncertainty.
EUDR-related risk premiums and firmer CBOT futures are lifting European meal costs, with FEFAC estimating a 5-10% rise in soymeal costs. Buyers stepping back from forward cover means prices may stay volatile until regulatory clarity arrives.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% 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.