Ukraine fully realized its soybean market potential in MY 2018/19
EN UK RU

+38 (044) 364-55-85

Регистрация

one-news

Ukraine fully realized its soybean market potential in MY 2018/19

person

Author:

Svetlana Kupreeva

UkrAgroConsult

Analyst

The 2018/19 season was a turning point for Ukraine’s soybean market in view of new VAT refund regulations that came into force in September 2018. The final figures for MY 2018/19 show how all market participants have adapted to the new situation.

2018/19 season’s results:

  •  a record soybean crop  as yield hit an all-time high  with planted acreage down 12.2%;
  •  soybean exports have been falling for a second season in a row despite increasing production;
  •  in MY 2018/19, soybean exports dropped 8.4% ;
  •  the crush share in the total crop exceeded 51%, though its average in the previous four seasons approximated 25%. This boosted exportable supplies of soybean products and intensified competition between traders and crushers in the feedstock market.


More information is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative platform AgriSupp.com by UkrAgroConsult. Agrisupp is a reliable analytical tool for agri market participants with historical and current market data, daily updates on grain, oilseed and pulses markets.
We offer 2-week trial! Completely free!

 

UkrAgroConsult

Share in social media:

More market news:

If you have any questions, please contact us:

Leave us a message, and our manager
will contact you as soon as possible.