News

The US is now the main supplier of EU soybeans

The European Commission says that American farmers are now supplying more than half of the European Union’s soybeans.

The U.S. accounts for 52 percent of EU soybean imports, compared to 25 percent last year.

The European Commissioner for Ag says that the increase shows that the EU is delivering on its commitment to increase trade with the US.

Brazil, the EU’s second main supplier, accounts for 40 percent of EU soybean imports.