# Greek Feed Market Hungry for High Quality Protein - U.S. Soybean Export Council

> The U.S. Soybean Export Council reports Greek poultry, aquaculture and feed sectors are seeking high-quality protein substitutes for expensive fishmeal. USSEC has run industry surveys and technical meetings promoting U.S. soy products in Greece.

- Date: 2019-04-01 · published 2019-04-01T12:00:00.000Z
- Category: trade · region Greece · magnitude low
- Page: https://feedsoft.ai/events/59708-greek-feed-market-hungry-for-high-quality-protein-u-s-soybean-export-council
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

High fishmeal prices are pushing Greek feed buyers toward soy-based proteins, supporting soybean meal demand at the margin.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-04-23 | [Steady Growth Demand for Feed and Protein Meals in Romania Signals Opportunities for U.S. Soy - U.S. Soybean Export Council](https://feedsoft.ai/events/65630-steady-growth-demand-for-feed-and-protein-meals-in-romania-signals.md) | +5.1% | +0.6% |
| SBM | 2019-05-14 | [Romania and Greece Look to U.S. Soy for Vegetal Protein Ingredients, Superior Amino Acid Composition for Animal Feed - U.S. Soybean Export Council](https://feedsoft.ai/events/7755-romania-and-greece-look-to-u-s-soy-for-vegetal-protein-ingredients-superior.md) | +4.7% | +10.7% |
| SBM | 2024-08-22 | [Brazil soybean meal export market higher ahead of EU sustainability rule](https://feedsoft.ai/events/28881-brazil-soybean-meal-export-market-higher-ahead-of-eu-sustainability-rule.md) | +0.2% | +2.3% |
| SBM | 2020-03-04 | [Soybeans rise on hopes for export demand, financial market gains \| Financial Post](https://feedsoft.ai/events/54186-soybeans-rise-on-hopes-for-export-demand-financial-market-gains-financial-post.md) | -2.6% | +5.8% |
| SBM | 2019-09-25 | [Market developments could mean higher feed prices](https://feedsoft.ai/events/57194-market-developments-could-mean-higher-feed-prices.md) | +2.9% | +3.9% |

## Sources

- ussec.org: https://ussec.org/news/greek-feed-market-hungry-high-quality-protein/

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