European corn and soybean meal prices in northern Europe pushed to levels close to previous records as market participants reacted to tightening supplies and firmer trade premiums, a report this week said.

Platts assessments compiled on 26 August show corn and soybean meal quotes that traders and cargo operators will be watching closely as the region heads into the autumn buying season.

The report, published by reports on 28 August 2026, said the rise in prices was supported by stronger futures markets and firmer origin premiums amid ongoing supply concerns.

Platts, part of S&P Global Energy, assessed Spain ex-works corn at €245 per metric ton on 26 August, a rise of €6 per tonne compared with the previous month. The same Platts dataset put Netherlands FOB soybean meal at €379 per metric ton on 26 August.

Market participants cited by the report pointed to the interaction between physical premiums and exchange-traded futures as a central driver of recent strength in European feed markets.

Market drivers

Stronger activity on futures exchanges has underpinned cash quotations, lifting origin premiums and narrowing the gap between forward and prompt values, the report said. That dynamic added upward pressure to ex-works and FOB assessments across the trade.

Supply concerns provided the backdrop to the gains, with the report indicating that limited available offers from origin were a factor in firming premiums.

Platts assessments

  • Spain ex-works corn: €245/metric ton on 26 August 2026; up €6/tonne month on month.
  • Netherlands FOB soybean meal: €379/metric ton on 26 August 2026.

Those Platts figures were cited in the reports summary published on 28 August 2026 and form the most concrete price points reported in the dispatch.

Market attention

The proximity of current quotations to historic highs means importers, processors and feed compounders are likely to monitor any further shifts in futures and origin premiums. The report made clear that changes in the balance between available physical supply and forward market signals will be key to near-term direction.

The reports item relied on Platts assessments from S&P Global Energy for the specific price points and emphasised that the stronger futures complex and firmer origin premiums were the principal supports for prices at the end of August 2026.