Turkey is the perspective direction for supply of Ukrainian soybeans – expert
To date Turkey is the perspective direction for the supply of Ukrainian soybeans, as the demand for the oilseed by Turkish mixed fodder enterprises continues growing, and the production volumes of forages in the country annually increase by 7%, declared Suphan Akanil, Partner of Promar Agricultural Commodity Trading, on June 19 in Odessa during his speech at the international conference "Ukrainian soybean market - 2014".
Turkey imports large-scale volumes of soybeans. Thus, in 2013 the oilseed supply to the country totaled 1.1 mln tonnes, as opposed to 1.2 mln tonnes, imported in the previous year, said the expert.
At the same time, he noted that Ukraine is the third largest exporter of the oilseed to Turkey, the country covers 16% of the general import volumes of the oilseed.
To date Ukrainian soybean is a quite attractive crop for Turkey due to improvement of its qualitative indices: reducing of the moisture content to 10-11% against previous 14-15%, improved protein content - to 31-34% (26-28%), and increasing of oil content to 19%, added S.Akanil.
Also, the expert noted that the low cost of freight and more convenient logistics compared with the imports from the countries of North and South America, are the undoubted advantages of Ukrainian soybeans in Turkey.
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October 19, 16:45