Commodities Focus

Soybean meal markets eye shifting trade flows and sourcing challenges as EUDR nears rollout

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The EU Deforestation Regulation is moving closer to implementation as Brazil and Argentina process large soybean crops and European buyers reassess their sourcing strategies. Despite abundant South American supply, strong demand, higher futures and tight availability in the near-term helping support soybean meal prices, the traceability requirements are adding another factor to buying…