Ukraine: soybeans crushers to face shortages of raw materials in the new season?

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APK-Inform

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According to market operators, despite the dynamic development of the soybean market in Ukraine and large production volumes of oilseeds, harvested in 2010, the majority of both small and large-scale soybean crushers in the country were forced to "withdraw from the market" much earlier compared to the planned terms - in the spring 2011. The deficit of raw materials became the main reason for the trend. In late July - early August, some operators reported that prices for the products of the old crop reached the level of 5000 UAH/t CPT-plant.

In 2011, experts of APK-Infom Agency forecast another increase of soybean production in Ukraine up to 1.913 mln tonnes against 1.68 mln tonnes last year. However, taking into account the steady increase in consumption of the oilseed by the domestic market, and attractiveness of soybean exports in the terms of zero export duties, whether Ukraine will have a shortage of soybeans in the spring 2012? To date, market participants are preparing for the "difficult" season.

You can become acquainted with details of the prospects for soybean development in Ukraine and its role in the fat-and-oil industry, ways of solving the problems of soybean production in Ukraine, taking into account market requirements, during the speech of Timchenko V.N., President of the association "Ukrainian association of soybean producers and crushers", honorary member of the National Academy of Agrarian Sciences of Ukraine, within framework of the international conference "Fat-and-Oil Industry - 2011".

The association "Ukrainian association of soybean producers and crushers" was founded in 2003. To date, the association is involved, except of introduction of technical production methods for soybean growing, in introduction of technologies of forage production using soybeans for animal feed. The work is aimed at ensuring the production of animal feed products, soybean crushing, in the volumes prescribed by the program of development of livestock and crop production in Ukraine to 2015 with the increase of sowing areas from 1.038 to 2 mln ha, and increase of soybean production from 1.67 to 3 - 3.4 mln tonnes.

You can fill in the application form for participation in the conference "Fat-and-Oil Industry - 2011" here.

More detailed information concerning participation is provided by Marketing Department of APK-Inform Agency: +380 562 320795, +7 495 7894419, e-mail: [email protected], [email protected]

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