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A European Commission feed protein balance sheet shows the EU produces about 78 to 80% of its animal feed protein needs, out of 85 million tonnes of crude protein consumed annually. Oilseed meals supply almost a quarter of feed protein, and the EU produces only 26% of its oilseed meal requirement.
The EU's heavy reliance on imported soybean and rapeseed meal means its feed protein costs remain tied to global oilseed meal prices and import flows.
farmersjournal.ieBarry CassidyMay 20, 2019After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
Not enough comparable past events yet for a historical read.
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.
