Ukrainian soybeans strengthened its positions on the global market

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The FINANCIAL — During several recent seasons, Ukraine faced steady increasing of soybeans production volumes, due to the growing demand for the oilseed from companies-processors and exporters. For example, according to APK-Inform analysts, in 2014/15 MY soybeans production in Ukraine reached the record index of 3.8 mln tonnes, up 41.4% compared with the previous season. Increasing of the oilseed harvest allowed not only to increase the supplies of soybean oil and meal on foreign markets, but also to expand the geography of soybean exports.

At the same time, the current tendency to increase soybean production and processing volumes will continue developing in 2015/16 MY, which will strengthen the positions of Ukrainian soybeans and its by-products on the world market.

 

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