EU soybean meal imports for the 2019-20 marketing year rose 2% to 16.87 million mt, and raw soybean imports rose 1% to 14.17 million mt, through June 7, 2020. Brazil supplied 46.3% of EU meal imports, and easing lockdowns boosted demand.
Steady EU import growth supports meal demand and Brazilian origin remains dominant, so South American supply conditions matter for European meal prices. The increase is modest and mostly reflects routine trade flow.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% 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.