
Soybean meal prices in Europe have risen sharply in recent weeks, with Dutch offers up from 303 to 330-345 euros per ton FOB Amsterdam/Rotterdam for November/December. Italian prices reportedly rose to 345 euros from 315 euros the prior week.
Traders attribute the increase to an EUDR-related surcharge and stronger CBOT futures tied to US-China trade negotiations.
Higher European meal offers and surcharges raise landed feed protein costs for buyers, while firmer CBOT futures reinforce the upward price trend in soybean meal.
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.