EU soybean imports are forecast at 13.7 million tons in 2026/27, down from 14 million in the previous season, according to USDA. Total consumption is projected at 16.65 million tons (vs. 17 million), pointing to a modest demand adjustment. Domestic output is expected to rise to 3 million tons from 2.845 million, with harvested area increasing to 1.09 million hectares (+2.7% y/y). Despite higher production, the bloc remains structurally dependent on imports to supply crushing demand and meal consumption. The balance suggests limited changes in overall trade flows.
Source: Safras e Mercado
