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The EU’s 2026 soybean harvest is projected at about 2.4 million tonnes, roughly 20% below 2025, as drought and heat reduced yields and planted area declined. Lower European and Ukrainian supplies are expected to increase the EU’s reliance on imports, particularly non-GMO soybeans and meal from outside the region.
Reduced local supply increases import demand and replacement costs for feed processors, supporting soybean and soybean meal prices. The tighter availability of non-GMO material may also widen its premium.
commodity-board.comNov 9, 2026After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% 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.
