EU soybean imports in 2024/25 season down 20% by August 11, rapeseed imports up 55%

Published 2024년 8월 14일

Tridge summary

The European Union's soybean imports in the 2024/25 season have decreased by 20% to 1.21 million tonnes, while rapeseed imports have increased by 55% to 0.44 million tonnes compared to the previous season. Soybean meal imports have also risen by 13% to 2.24 million tonnes, but palm oil imports have decreased by 31% to 0.29 million tonnes. Meanwhile, the EU's soft wheat exports have decreased by 22% to 3.09 million tonnes and barley exports have decreased by 21% to 1.15 million tonnes. Maize imports have increased by 19% to 2.42 million tonnes and soft wheat imports have also increased by 5% to 714,454 tonnes. Romania is the leading wheat exporter to the EU with shipments of 1.26 million tonnes.

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

Original content

EU. Cereals, oilseeds, vegetable oils, meal imports and exports as of 11.08.2024 Soybean imports into the European Union in the 2024/25 season, which began in July, reached 1.21 million tonnes as of 11 August, down 20% from 1.52 million tonnes a year earlier, data released by the European Commission on Tuesday showed. Rapeseed imports into the EU in the same period amounted to 0.44 million tonnes, up 55% from 0.29 million tonnes a year earlier. Soybean meal imports into the EU this season reached 2.24 million tonnes, up 13% from 1.99 million tonnes a year earlier, while palm oil imports into the EU amounted to 0.29 million tonnes, down 31% from 0.42 million tonnes, the data showed. The European Union’s soft wheat exports since the start of the 2024/25 season in July to August 11 reached 3.09 million tonnes, down 22% from 3.96 million tonnes a year earlier, data published by the European Commission showed on Tuesday. The EU’s barley exports totalled 1.15 million tonnes, down 21% ...

Source: Oilworld