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Soybean imports from the EU as of August 5 fall to 1.35 million tons

Soybean imports from the European Union in the 2022/23 season, which started on July 1, fell to 1.35 million tonnes as of August 5, according to data published by the European Commission on Tuesday, which compares with the 1.54 million tons of the previous campaign.

This season’s data on grains and oilseeds should have covered the period to August 7, and may also be incomplete for the period to August 5, the Commission said.

EU rapeseed imports rose to 628,542 tonnes, compared to 418,125 tonnes in the same week a year earlier.

Soymeal imports so far in 2022/23 amounted to 1.42 million tons, compared to 1.43 million in the previous campaign, while those of palm oil stood at 264,895 tons, a strong down from the 566,974 tons of the previous campaign.

EU imports of sunflower oil, which mostly come from Ukraine, stood at 155,601 tonnes, up from 147,491 tonnes a year earlier, according to the data.

Melissa Galbraith
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.