EU-27 soybean supply is expected to rise again this year, although the soy area is seen to decline compared to 2022.
The soybean output of the European Union more than tripled over the past ten years. According to latest information from the EU Commission, the 2023 soybean harvest is expected at around 2.8 million tonnes, just under 16 per cent more than 2022. In other words, the European Union is set to see the largest soybean crop in six years. Italy is seen to remain the largest producer within the EU in 2023, with just over 1 million tonnes currently
The soybean output of the European Union more than tripled over the past ten years. According to latest information from the EU Commission, the 2023 soybean harvest is expected at around 2.8 million tonnes, just under 16 per cent more than 2022. In other words, the European Union is set to see the largest soybean crop in six years. Italy is seen to remain the largest producer within the EU in 2023, with just over 1 million tonnes currently
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