Since the partial agreement was reached in the trade dispute with China, the US has ramped up soybean shipments to China. As a result, US imports to the EU tailed off. European demand is therefore increasingly covered by Brazilian soybeans.
EU oilseed production can only cover around 56 per cent of EU demand. Consequently, the EU-27 plus UK has always depended on oilseed imports from non-EU countries. Soybeans account for the largest share of oilseed imports, because soybean production in the EU is still relatively low. In the first half of the crop year 2020/21, the EU-27 plus UK imported
EU oilseed production can only cover around 56 per cent of EU demand. Consequently, the EU-27 plus UK has always depended on oilseed imports from non-EU countries. Soybeans account for the largest share of oilseed imports, because soybean production in the EU is still relatively low. In the first half of the crop year 2020/21, the EU-27 plus UK imported
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