Imports of soybeans to the EU increased by 10% while rapeseed fell by 60%

Canola Seed & Rapeseed

Moldova

Published Sep 4, 2023

Tridge summary

EU soybean imports increased by 10% in the 2023/24 season compared to the previous year, reaching 2.16 million tonnes. Rapeseed seed imports, on the other hand, decreased by 60% during the same period. The European Commission has imposed an import ban on wheat, corn, rapeseed, and sunflower seeds from Ukraine in certain EU countries, citing logistical issues.

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Original content

In the 2023/24 season, EU soybean imports reached 2.16 million tonnes by August 27, up 10% from 1.96 million tonnes a year earlier. Such data was published by the European Commission, Reuters informs. Follow the news in a convenient format: Follow us on Twitter Rapeseed seed imports into the EU amounted to 373,837 tons, which is 60% less than the 923,460 tons imported a year earlier. At the same time, imports of soybean flour amounted to 2.32 million tons, which is close to the 2.37 million tons imported during the same period a year ago. Read also: The European Commission does not yet have a decision on restrictive measures on the import of Ukrainian grain after September 15 It will be recalled that on August 31, EU Commissioner for Agriculture Janusz Wojciechowski, who represents Poland, supported the extension of the temporary ban on the import of Ukrainian grain into five EU countries until the end of 2023 and offered to provide subsidies for Ukrainian grain exporters. The ...

Source: Landlord