Switzerland increased soybean exports from EU countries

Published 2022년 3월 7일

Tridge summary

Switzerland has shifted its focus towards sourcing 80% of its feed soybeans from Europe, as opposed to previously relying heavily on imports from Brazil. This change is due to Switzerland's preference for non-GMO soybeans, a move aligned with European standards such as Donau Soja. The shift is also driven by a reduction in non-GMO soybean supplies from Brazil, where 97% of soybeans are genetically modified. Donau Soja anticipates a 10% increase in unmodified soybean cultivation this year, which should meet Switzerland's requirements, though the exact pricing of these imports remains uncertain.

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

Original content

Switzerland buys 80% of feed soybeans from Europe. Until recently, most imports came from Brazil. But so far, only genetically modified soybeans are grown in this South American country. Therefore, Europeans are trying to refuse the supply of products from this state, the BauernZeitung reports. Feed soybean imports into Switzerland have grown significantly in recent years: until 6 years ago, non-GMO soybean flour was supplied exclusively from Brazil, but now about 80% of this product comes from Europe. There are various explanations for this. Swiss Soya Network relies on the most sustainable purchase of animal feed, which has led to an increase in imports from Europe. At the same time, European standards such as Donau Soja have been set, ensuring greater availability of non-GMO European soybeans. In addition, supplies of non-GMO soybeans from Brazil have been significantly reduced. According to Soy Network, 97% of the soybeans grown in Brazil are genetically modified. This was due ...

Source: Agroxxi