EU soybean meal imports have kept falling since the start of the 2020-21 marketing year, according to market sources cited by S&P Global Platts. Tight supplies from Argentina and Brazil, the EU's two top suppliers, are cited as the cause.
Raw soybean purchases were up 3% on the year at 10.5 million tonnes, and Argentine crushing is struggling on low Paraguayan bean supplies.
Lower EU meal imports from a tight South American supply base reduce competition for available meal and support soymeal prices, though weaker EU demand partly offsets this.
Na 342 eerdere opwaarts handel-gebeurtenissen bewoog Sojaschroot zich mediaan +0,1% over 5 sessies (51% hoger; middelste helft -1,1% tot +2,6%), en +0,6% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.