# EU DATA: Soybean meal imports in 2019-20 rise 2% on year, soybean imports up 1%

> 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.

- Date: 2020-06-08 · published 2020-06-08T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/52700-eu-data-soybean-meal-imports-in-2019-20-rise-2-on-year-soybean-imports-up-1
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- SOY: 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 | 2021-08-17 | [India could allow soybean meal imports \| 2021-08-17  \| World Grain](https://feedsoft.ai/events/45647-india-could-allow-soybean-meal-imports-2021-08-17-world-grain.md) | -3.2% | -2.8% |
| SBM | 2016-10-27 | [U.S. grains: Soybeans rise on export sales, soymeal gains - Grainews](https://feedsoft.ai/events/9239-u-s-grains-soybeans-rise-on-export-sales-soymeal-gains-grainews.md) | -3.9% | +0.5% |
| SBM | 2020-12-25 | [China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder](https://feedsoft.ai/events/49498-china-s-nov-soybean-imports-from-u-s-surge-on-year-after-trade-deal-markets.md) | +2.9% | +4.6% |
| SBM | 2022-11-07 | [China’s October soybean imports slide to lowest in eight years](https://feedsoft.ai/events/38680-china-s-october-soybean-imports-slide-to-lowest-in-eight-years.md) | -3.0% | +1.9% |
| SOY | 2021-08-17 | [India could allow soybean meal imports \| 2021-08-17  \| World Grain](https://feedsoft.ai/events/45647-india-could-allow-soybean-meal-imports-2021-08-17-world-grain.md) | -6.0% | -7.2% |
| SOY | 2016-10-27 | [U.S. grains: Soybeans rise on export sales, soymeal gains - Grainews](https://feedsoft.ai/events/9239-u-s-grains-soybeans-rise-on-export-sales-soymeal-gains-grainews.md) | -3.3% | +3.6% |
| SOY | 2020-12-25 | [China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder](https://feedsoft.ai/events/49498-china-s-nov-soybean-imports-from-u-s-surge-on-year-after-trade-deal-markets.md) | +4.2% | +8.4% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/060820-eu-data-soybean-meal-imports-in-2019-20-rise-2-on-year-soybean-imports-up-1

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