# EU soybean meal imports continue to fall amid tight S American supplies: sources

> EU soybean meal imports have kept falling since the start of the 2020-21 marketing year, according to market sources cited by S&P Global Platts. Tight supplies from Argentina and Brazil, the EU's two top suppliers, are cited as the cause. Raw soybean purchases were up 3% on the year at 10.5 million tonnes, and Argentine crushing is struggling on low Paraguayan bean supplies.

- Date: 2021-03-22 · published 2021-03-22T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/48199-eu-soybean-meal-imports-continue-to-fall-amid-tight-s-american-supplies-sources
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower EU meal imports from a tight South American supply base reduce competition for available meal and support soymeal prices, though weaker EU demand partly offsets this.

## Read by commodity

- SBM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-01-12 | [EU soybean meal imports slump on tight South American supplies: sources](https://feedsoft.ai/events/49224-eu-soybean-meal-imports-slump-on-tight-south-american-supplies-sources.md) | +2.5% | -1.5% |
| SBM | 2023-05-09 | [SunSirs: Supported by Favorable Factors, the Soybean Meal Market Continued to Rise](https://feedsoft.ai/events/36012-sunsirs-supported-by-favorable-factors-the-soybean-meal-market-continued-to-rise.md) | +1.3% | -5.1% |
| SBM | 2025-03-21 | [South American soybean meal basis hits three-month high \| S&P Global](https://feedsoft.ai/events/25655-south-american-soybean-meal-basis-hits-three-month-high-s-and-p-global.md) | -0.6% | +0.5% |
| SBM | 2022-11-15 | [China mulls importing soybean meal from Brazil as supply shortage bites](https://feedsoft.ai/events/38746-china-mulls-importing-soybean-meal-from-brazil-as-supply-shortage-bites.md) | +0.1% | +9.8% |
| SBM | 2021-05-13 | [China's record soybean demand forecast to support prices till 2022: sources](https://feedsoft.ai/events/47090-china-s-record-soybean-demand-forecast-to-support-prices-till-2022-sources.md) | -9.3% | -13.4% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/032221-eu-soybean-meal-imports-continue-to-fall-amid-tight-s-american-supplies-sources

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.