EU: In 2016 – 2017 soybean meal consumption will decrease while sunflower meal consumtion will rise

30 May, 2017
EU: In 2016 – 2017 soybean meal consumption will decrease while sunflower meal consumtion will rise
According to Oil World, in the current season soybean meal share in the total meal consumption in the EU will reach 53.4% given 54.8% for the past season.

Consumption of soybean meal during the season will decrease to 31.8 million tonnes and its import to 20.3 million tonnes.

Consumption of sunflower meal in the EU will increase by 0.8 million tonnes to 7.5 million tonnes and its share of the total meal consumption will be 12.5% (11.3%).

Consumption of rapeseed meal remains at the relatively low level of 13.5 million tonnes.