Ukraine: by 2017 soybean production may rise to 4.3 mln tonnes – expert
In the period of 2003-2013 the production volumes of soybeans in Ukraine increased over 10 times - from 231.9 thsd tonnes, to 2.763 mln tonnes, declared Viktor Timchenko, President of the Ukrainian association of soybean producers and processors, on June 19 during his speech at the conference “Ukrainian soybean market – 2014" in Odessa.
At the same time, he noted that both expansion of the planted areas under the oilseed (from 189.6 thsd ha in 2003, to 1.35 mln ha in 2013), and growing of its yield (from 1.22 t/ha, to 2.05 t/ha), caused the reporting increase of the harvest volumes.
According to the expert, the trend will continue in the coming years.
In 2014 Ukraine plans to harvest nearly 3.46 mln tonnes of soybeans throughout the areas of 1.68 mln ha, and reach the average yield of 2.06 t/ha. But while talking about the long-term forecasts, there is every reason to expect that by 2017 the production volumes of the oilseed in Ukraine will increase to 4.3 mln tonnes, the harvested areas - 2 mln ha, and the yield – 2.16 t/ha, summed V.Timchenko.
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