European Union
May 4, 2013

USDA/FAS GAIN report AU 13002

Ample soybean world supplies to boost EU-27 soybean meal consumption

Report highlights:

Total EU-27 oilseed production for marketing year (MY) 2013/14 is expected to reach 29.7 million metric tons (MMT), an increase of 8.6 percent. Increased production will come primarily through higher rapeseed acreage, especially in Germany, and through a return to normal sunflower seed yields, which were down last season due to drought conditions in major producing countries. Ample global soy supplies, combined with increases in EU-27 poultry and swine, are expected to increase the use of soybean meal in animal feed starting in the second half of MY 2012/13 and continuing into MY 2013/14.

Full report

Website: http://www.fas.usda.gov/

Published: May 7, 2013