Ukraine records moderate decline in soybean prices
The Ukrainian soybean market is experiencing a slight decline in prices, while the export market remains active. This is reported by analysts at Spike Brokers.
Thus, at the end of last week, prices for GM soybeans decreased by $3/t to $501/t.
Meanwhile, exports remain active – since the beginning of May, Ukraine has supplied 172.9 thousand tons of soybeans, 31.1 thousand tons of oil and 93.1 thousand tons of cake to foreign markets. The main directions of soybean supply were:
- Turkey – 58.4 thousand tons;
- France – 33 thousand tons;
- Netherlands – 28.4 thousand tons;
- Germany – 12.5 thousand tons;
- Poland – 6.6 thousand tons;
- Greece – 6.3 thousand tons;
- Hungary – 5.4 thousand tons.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
UkrAgroConsult Advises on In-House Power Generation Projects
Russian attacks on Ukraine’s ports increase logistics costs and put pressure...
Global lentil market remains stable as Canadian crop prospects improve
Rising feed costs reduce profitability of pig farming in Brazil
Black Sea shipping disruptions reshape Ukraine’s wheat and corn trade
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon