According to EU data, the total import volume of soybean meal in the EU has decreased by 16% year-on-year since 2025/26, with the share of Brazilian soybean meal increasing.
Brazil is the top supplier of soybean meal to the European Union. As of August 10th, Brazil's supply was 1.117 million tons, slightly lower than the same period last year's 1.129 million tons. The share increased from 48.2% last year to 56.4%.
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