Ukraine: growing processing rates in the segment of soybeans




In March 2019, the processing volumes of soybeans in Ukraine increased for the third running month, and reached the historic peak of 184 thsd tonnes. The monthly growth rates totaled almost 10%, as well as the figures increased by 40% compared with the same period last year.

Generally, APK-Inform analysts increased the potential of soybean processing in the current season by 2% — to 1.7 mln tonnes. For 7 months of 2018/19 MY, the processing volumes of the oilseed reached almost 1 mln tonnes (57% of the forecast), up 27% compared with last season, which became the absolute record.