Argentina's agro-industrial exports to the European Union increased 21% in value during the first four months the Mercosur-EU trade agreement was in provisional force, with tariff-reduced products posting an even steeper 44% gain, according to Argentina's Secretariat of Agriculture, Livestock and Fisheries.
The European Feed Manufacturers' Federation (FEFAC) has published its fourth impact assessment warning that converging pressures from drought, Black Sea trade disruption, and EU Deforestation Regulation (EUDR) sourcing constraints could create a soybean meal supply gap of at least 5 million tonnes in the 2026/2027 marketing year, with total estimated costs to the EU feed and livestock sector reaching around €1.40 billion.
The European Feed Manufacturers Federation (FEFAC) has projected a soybean meal supply gap of at least 5 million tonnes in the EU for the 2026-27 marketing year, driven by drought, Black Sea trade disruptions, and sourcing constraints tied to the EU Deforestation Regulation. The federation estimates the combined cost impact on the EU feed and livestock sector could reach approximately EUR 1.4 billion and has called on EU institutions to act urgently to protect feed security.