EU: Import-export of grains, oilseeds, vegetable oil and meal as of November 10, 2024

Published 2024년 11월 13일

Tridge summary

The European Union's soybean imports for the 2024/25 season increased by 7% to 4.43 million tonnes, while rapeseed imports decreased by 15% to 2.22 million tonnes compared to the previous year. EU grain exports, including soft wheat and barley, have seen a decrease due to crop failures and heavy rains, with Bulgaria and Ireland having incomplete export data. Romania is the leading soft wheat exporter to the EU this season with 2.49 million tonnes, followed by Lithuania and Latvia, as France, usually the largest wheat exporter, has shipped only 0.90 million tonnes due to its smallest harvest since the 1980s.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Union’s soybean imports for the 2024/25 season, which began in July, reached 4.43 million tonnes as of November 10, up 7% from 4.15 million tonnes a year earlier. EU rapeseed imports for the same period totalled 2.22 million tonnes, down 15% from 1.93 million a year earlier. *Italy’s export data were incomplete for the last six weeks, also noting that France’s data were incomplete for the start of the calendar year. *Bulgaria and Ireland’s export data were also incomplete for the start of the 2023/24 marketing year. EU soft wheat exports since the start of the 2024/25 season in July reached 8.34 million metric tonnes as of November 10, down 30% from 11.96 million a year earlier. EU barley exports totaled 1.77 million tonnes, down 40% from 2.83 million tonnes in the same period in 2023/24, oilworld.ru reports, citing the European Commission. EU grain exports were limited by crop failures, while heavy rains in Western Europe contributed to a 12-year low in EU soft wheat ...

Source: Oilworld