All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

EU sustainable soy sourcing robust, but import dependency persists

Created at 18 Aug · 1:41 PM1 source↑ Market-relevant
IN SHORT

A new European Soy Monitor report indicates that 54% of soy in the EU27+ now meets sustainability guidelines, up from 42% in 2019. However, the EU remains heavily reliant on imports from high-risk regions, posing biodiversity and compliance risks.

Key Numbers

54%soy meeting FEFAC guidelines in EU27+
42%soy meeting FEFAC guidelines in 2019
2019year of previous soy guideline data
2023year of current soy guideline data

Who's Involved

Donau Soja
Co-author of the European Soy Monitor report
ProTerra
Co-author of the European Soy Monitor report
IDH
Co-author of the European Soy Monitor report
FEFAC
Developed the Soy Sourcing Guidelines
RTRS
Co-author of the European Soy Monitor report
FEDIOL
Co-author of the European Soy Monitor report
EU sustainable soy sourcing robust, but import dependency persists

↳ Why This Matters

The increasing adoption of sustainable soy sourcing guidelines in Europe is a positive step, but continued reliance on imports from deforestation-prone regions poses significant environmental and regulatory risks. Addressing this dependency is crucial for biodiversity, climate goals, and the stability of the EU's protein market.

Key facts

  • 54% of soy in the EU27+ now meets the FEFAC Soy Sourcing Guidelines, an increase from 42% in 2019.
  • The EU remains heavily dependent on soy imports from regions like the Amazon, Cerrado, and Gran Chaco.
  • These import regions face ongoing deforestation and land-use change.
  • The report emphasizes the need for collaboration among industry, policymakers, and civil society.
  • Improving Europe's protein self-sufficiency is identified as critical.

A new European Soy Monitor report indicates progress in sustainable soy sourcing within the EU27+, with 54% of soy now meeting the FEFAC Soy Sourcing Guidelines, up from 42% in 2019. These updated guidelines incorporate conversion-free criteria, reflecting a growing commitment to responsible sourcing among European market actors.

Despite this progress, the report highlights that Europe's soy supply chain remains heavily reliant on imports from regions with high rates of deforestation and land-use change, including the Amazon, Cerrado, and Gran Chaco. This dependency exposes the EU protein market to risks associated with biodiversity loss, greenhouse gas emissions, and future regulatory compliance.

The report also notes variations in the uptake of physically certified soy across Europe, with some regions still depending on credit-based systems, leading to inconsistent transparency. The findings underscore the importance of initiatives like Donau Soja's Protein Strategy for Europe, which promotes regional, certified soy production to reduce import dependency and enhance sustainability.

To address these challenges, the European Soy Monitor calls for urgent and coordinated action from all stakeholders, including industry, policymakers, and civil society, to mitigate deforestation risks and invest in sustainable, deforestation-free soy supply chains. Achieving this at scale requires stronger collaboration, targeted interventions, and a long-term commitment.

Frequently asked questions

The European Soy Monitor is a report providing an overview of soya sourcing trends in the EU27+, highlighting progress and challenges in achieving deforestation-free and conversion-free supply chains.

In 2023, 54% of soy in the EU27+ met the FEFAC Soy Sourcing Guidelines, an increase from 42% in 2019.

The primary challenge is Europe's heavy reliance on soy imports from high-risk regions that face deforestation and land-use change, exposing the market to biodiversity loss and compliance risks.

What Happens Next

01Stakeholders are invited to explore the full report for further collaboration.
02Industry, policymakers, and civil society are urged to work together on sustainable soya sourcing.
CME Headlines
  • Resetting of Price Limits for Lean Hog Futures and Pork Cutout Futures
    18 Aug · 2:15 PM
  • Live Cattle futures steady as Feeder Cattle and Lean Hogs see choppy trade.
    17 Aug · 8:14 PM
  • Live Cattle futures steady as Feeder Cattle and Lean Hogs see choppy trade.
    17 Aug · 8:14 PM

How It Developed

The European Soy Monitor 2022-2023 report has been published.
The share of soy meeting FEFAC Soy Sourcing Guidelines increased to 54% in 2023 from 42% in 2019.
The EU remains heavily dependent on soy imports from high-deforestation-risk regions.
The report calls for coordinated action from all supply chain actors to mitigate deforestation risks.
Improving Europe's protein self-sufficiency is highlighted as critical.

Sources

T1
Report: EU sustainable soy sourcing remains robustWorld Grain
T2
New European Soy Monitor out now! - donausoja.orgdonausoja.org
T2
PDF European Soy Monitoriucn.nl
T2
New European Soy Report Highlights Progress and Challenges in ...proterrafoundation.org

Related Stories

European farmers face 'unprecedented crisis' from heatwaves and drought
17 Aug · 4:11 PM
Sabic AN and Maaden eye Saudi fertilizer collaboration
18 Aug · 11:50 AM
Argentina corn exports hit record in July
17 Aug · 3:41 PM
Indonesia wildfires burn nearly 95,000 hectares in July amid intensifying El Niño
18 Aug · 10:46 AM
Hungary opens sluice, sinks barges to protect nuclear plant as Danube levels fall
18 Aug · 9:50 AM