# EU soybean meal imports slump on tight South American supplies: sources

> EU soybean meal imports have continued to decline since the start of the 2020-21 marketing year in July. Raw soybean purchases rose 4.5% on the year to 7.78 million tonnes, with the Netherlands, Spain and Denmark the top importers.

- Date: 2021-01-12 · published 2021-01-12T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/49224-eu-soybean-meal-imports-slump-on-tight-south-american-supplies-sources
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower EU meal imports reflect tight South American supplies, which supports global soymeal prices and makes European feed costs more expensive.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-03-22 | [EU soybean meal imports continue to fall amid tight S American supplies: sources](https://feedsoft.ai/events/48199-eu-soybean-meal-imports-continue-to-fall-amid-tight-s-american-supplies-sources.md) | -1.1% | -0.5% |
| 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 | 2020-06-08 | [EU DATA: Soybean meal imports in 2019-20 rise 2% on year, soybean imports up 1%](https://feedsoft.ai/events/52700-eu-data-soybean-meal-imports-in-2019-20-rise-2-on-year-soybean-imports-up-1.md) | -0.0% | +2.2% |
| SBM | 2022-04-25 | [China trade: imports of US soybeans rise as Ukraine war, South America drought limit sources \| South China Morning Post](https://feedsoft.ai/events/14940-china-trade-imports-of-us-soybeans-rise-as-ukraine-war-south-america-drought.md) | -3.8% | -7.5% |
| SBM | 2026-10-29 | [Soybeans Market: Indian Soymeal Exports Slump, Domestic Demand Tightens — CMB News](https://feedsoft.ai/events/493-soybeans-market-indian-soymeal-exports-slump-domestic-demand-tightens-cmb-news.md) | -3.3% | — |
| SOY | 2026-10-07 | [Tight supplies support soybeans in wake of China’s snub](https://feedsoft.ai/events/17151-tight-supplies-support-soybeans-in-wake-of-china-s-snub.md) | -1.5% | -5.2% |
| SOY | 2025-02-20 | [Freight rates climb on South American demand - Fastmarkets](https://feedsoft.ai/events/16965-freight-rates-climb-on-south-american-demand-fastmarkets.md) | -0.7% | -2.3% |
| SOY | 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) | -0.3% | +2.6% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/011221-eu-soybean-meal-imports-slump-on-tight-s-american-supplies-sources

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