According to the renewed estimations of the global experts, in 2018 the total production of soybeans in the countries of the Danube river basin (Ukraine, Moldova, Serbia, Bulgaria, Germany, Croatia, Hungary, Romania) will reach 5.87 mln tonnes which is similar to the record volumes of harvest-2016. Moreover, this forecast is 5% higher than the record production in 2016 and 18% higher than the average production for the last 5 years.
It should be noted that in general the soybean production in this region demonstrates the upward tendency and in the current season will provide more than 80% of the total soy production in Europe.
The largest countries producers of soybeans in Danube region are Ukraine that in 2018 is forecasted to produce nearly 4.2 mln tonnes (+1.3% year-on-year), Serbia – 625 thsd tonnes (+36%), Romania – 366 thsd tonnes (unchanged), Croatia – 225 thsd tonnes (+8.5%), Hungary – 202 thsd tonnes (+24%).
You can receive more detailed information about the trends and prospects of the oilseed market segment in countries of the Danube river basin within frames of the agro-logistics forum "Dnieper-Danube-Black Sea" (part II, Moldova), which takes place in Chisinau on October 2-3, 2018.
The organizing committee of APK-Inform Agency provides more detailed information about the conference:
+38 (0562) 32-15-95 (multi-channel),
Irina Ozip (ext. 120) — [email protected],
