Europe is a key market for the U.S. soy industry in both whole soybeans and soymeal exports.
It represents 11 percent of U.S. soybean and soymeal exports at 6,500,00 MT (238 million bushels). This growing market share for U.S. soybean meal demonstrates an increasing preference for U.S. meal, and the reliability of U.S. Soy export shipments has helped increase U.S. soybean exports to European markets.
The U.S. Soy industry holds a competitive advantage in the Europe region because of its work in the area of sustainability, which is of increasing importance to the European food and feed industry. USSEC has worked closely with the European feed association, FEFAC, as it develops its sustainable scheme for the feed industry throughout Europe.