Ukraine. September soybean exports hit a decade low

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UkrAgroConsult

Ukrainian soybean exports in September 2020/21 totaled 10.5 KMT (the least in ten years and down 82% y-o-y due to a late harvest and weak foreign demand), UkrAgroConsult reports.

The drop in exports concerned all major destinations: Turkey, the EU, Belarus, with no cargo shipped to Egypt.

Countries such as Hungary, Switzerland, Canada, Bulgaria were more active buyers from the very first month this season, but exports to these markets are insignificant.

A significant rise in exports was registered to China (+220%).

A fall in exports was observed to Poland (-90%), Belarus (-88%) and Turkey (-6%).

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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UkrAgroConsult

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