{
  "id": 3939370,
  "title": "European corn, soybean meal prices near historic highs amid supply concerns",
  "url": "https://urgent.news/2026/08/28/european-corn-soybean-meal-prices-near-historic-highs-amid-supply",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T10:00:31.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/european-corn-soybean-meal-prices-near-historic-highs-amid-supply-concerns/"
  },
  "original_language": "en",
  "account": "European corn and soybean meal prices have reached near-record levels due to supply concerns, according to market assessments from Platts. In Spain, corn prices surpassed €245 per metric ton, up 6% month-over-month, while soybean meal prices in the Netherlands reached €379 per metric ton, up 13% month-over-month. Soybean meal prices in Spain also increased by 15% month-over-month. Market participants in Spain, the Netherlands, and Italy have noted that elevated prices have persisted since the beginning of August, citing factors such as heatwaves across Europe, the escalation of the Russia-Ukraine conflict, and weaker soybean crush margins in Brazil.\n\nThe European corn market has continued to benefit from weather-related challenges and geopolitical tensions, with traders in Spain highlighting increased reliance on alternative suppliers such as Brazil and the US due to concerns over Ukrainian supply disruptions. Market volatility in futures markets has been driven by uncertainty surrounding supply flows, despite high prices. Demand for corn has remained limited due to the holiday season, with consumption not as robust as it would be under normal market conditions.\n\nIn the soybean meal sector, prices have been bolstered by stronger premiums in Brazil, a key origin supplier to Europe. A Netherlands-based trader attributed the higher Brazilian premiums to weaker crush margins, which have pushed prices higher in Europe. While direct purchases of US soybean meal are relatively uncommon, market participants in Spain noted that US meal may enter the market when South American alternatives are priced higher. US soybean meal typically finds its way into the European market when prices become attractive.",
  "summary": "European corn and soybean meal prices reached near-record levels, supported by stronger futures markets and firmer origin premiums due to supply concerns. Platts, part of S&P Global Energy, assessed Spain ex-works corn at €245/metric ton on Aug. 26, up €6/mt month over month. Platts assessed Netherlands FOB soybean meal at €379/mt on Aug. 26, up ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}