In 2016, Ukraine to increase the profitability of soybean and rapeseed production – expert

Source

APK-Inform

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In 2016, Ukraine will keep the trend of increasing of the profitability of soybeans and rapeseed production, declared the Director of the National Scientific Center “Institute of Agrarian Economics”, Academician of the NAAS, Yuri Lupenko on November 24.

According to scientists of the Institute of Agrarian Economics, in the current year the profitability of soybean production will increase in more than 1.5 times compared with last year - to 59.4%. It is expected that the profitability of rapeseed production will increase to 53.2%, against 44.3% in 2015.

At the same time, the profitability of sunflower seed production will reduce by almost one quarter compared with last year - to 63.5%.

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