Belarus boosted soybean meal imports from Ukraine by 36%

UkrAgroConsult

Soybean meal exports from Ukraine in September-December 2021/22 hit a three-year low of 179 KMT (-5% y-o-y). They somewhat caught up to last year’s pace, soybean crush quickened, UkrAgroConsult reports.

Export potential in MY 2021/22 is forecasted to be 35% higher from MY 2020/21.

The biggest importers are still Belarus (-36% y-o-y) and the EU (-27%).

Growth in exports was registered to the following markets: Azerbaijan (+44%), The Netherlands (+32%), Poland (+3%).

A slowdown in exports was fixed to Uzbekistan (-63%), Hungary (-62%) and Georgia (-56%).

More detailed information on the latest trends in oilseeds/vegoils and meals exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!

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Tags: soybean meal, Belarus, Georgia, Uzbekistan, Azerbaijan, Hungary, Netherlands, Ukraine, EU, Poland