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EU imports up by 112% of soya beans supplied by US

This is part of the implementation of the Joint Statement agreed between Presidents Juncker and Trump in July 2018. In the Joint Statement, the two sides agreed to increase trade in several areas and products, notably soya beans. As a result, the European Commission is now regularly publishing figures on EU imports.

These latest significant developments in the second half of 2018 contribute to cementing the U.S.' leading position in supplying the EU with soya beans for the entire calendar year, well ahead of Brazil, Europe's traditional main supplier. In 2018 (January to December), 50% of Europe's imports originated in the U.S. and 36% in Brazil (37% in 2017).

European imports of U.S. soya beans are bound to increase even further, following the decision by the European Commission to launch the process for authorising the use of U.S. soya beans for biofuels.

Global Warming - distance between America and Europe is steadily increasing.
by Oui on Tue Jan 8th, 2019 at 09:32:45 AM EST

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