Soya is a mainstay in many feedstuffs for animals.
ADVERTISEMENT
Imports of US soya beans to Europe increased by 112% in the second half of last year, according to the European Commission.
The increase equals 5,181,833t and means the US remains Europe’s main supplier of soya beans, with a 75% share of EU soya bean imports.
Conversely, Europe is also the top destination for US soya beans, receiving 28% of all exports last year.
ADVERTISEMENT
Animal feed
US soya beans are quite competitively priced and the EU imports roughly 14m tonnes every year as a source of protein as animal feed for the cattle, pig and poultry industries.
The commission also has plans to use US soya beans as a source of biofuel and launched a public consultation on a decision to authorise their use for biofuels in Europe in December 2018.
There are some concerns that reliance on soya beans that are sourced from genetically modified (GMO) crops will hamper efforts to create GMO-free food products which appear to be gaining commercial traction among consumers.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Imports of US soya beans to Europe increased by 112% in the second half of last year, according to the European Commission.
The increase equals 5,181,833t and means the US remains Europe’s main supplier of soya beans, with a 75% share of EU soya bean imports.
Conversely, Europe is also the top destination for US soya beans, receiving 28% of all exports last year.
Animal feed
US soya beans are quite competitively priced and the EU imports roughly 14m tonnes every year as a source of protein as animal feed for the cattle, pig and poultry industries.
The commission also has plans to use US soya beans as a source of biofuel and launched a public consultation on a decision to authorise their use for biofuels in Europe in December 2018.
There are some concerns that reliance on soya beans that are sourced from genetically modified (GMO) crops will hamper efforts to create GMO-free food products which appear to be gaining commercial traction among consumers.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS