
Brazilian soybeans reached 76% of EU soybean imports in the first 18 weeks of the 2026/27 season, at 3.08 mln t versus 46.5% a year earlier. Brazil also holds a dominant share of EU soybean meal imports, at about 88% of the market.
Shifting EU sourcing toward Brazil reflects competitive Brazilian export pricing and reduced US and Ukrainian shares, which supports Brazilian soymeal flows and weighs on US origin demand. Feed buyers should watch Brazilian basis as the dominant supply source.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% 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.