
Ukraine. Soybeans. Current season. 2025/2026 outlook

UkrAgroConsult
Article author:
Ukraine 2024 SB harvest was record, entirely due to record area. Yield, however, dropped — the lowest in four years due to the 2024 drought.
Soy exports (Sep 2024–Apr 2025) hit a record. As of early May, this is 77% of the export forecast in 2024/25.
Soybean Oil Market. Exports – Record Highs, New Markets, 2024/25
- Export potential – (80% already shipped)
- Soybean oil exports (Sep–Apr) – (+54% y/y)
Soymeal Exports – Explosive Growth in 2024/25
- Export potential – (69% already delivered)
- Soymeal exports (Sep–Apr) – (+77% y/y)
2024/25 Trends to Watch:
- Domestic crushing is now a structural driver
- Export + processing flexibility = resilience for producers
- Geopolitical risks continue to reshape logistics and buyer geography
- Soy markets remain heavily Euro-focused, but Ukraine is breaking into Asia and MENA again.
2025/26 Outlook: Mixed Signals on Area and Profitability
As of mid-May, weather improved, late spring crop planting gained momentum, and soybean sowing is now at its fastest pace in five years.
UkrAgroConsult’s latest projection:
Soybean area in 2025 is expected to decrease (-9% y/y), yet it would still be the second-largest in Ukraine’s history.
Full version of the article is available to subscribers of the Weekly ‘BLACK SEA & DANUBE OILSEED REPORT’ by UkrAgroConsult.
Request a free a sample report and apply for subscription here.
Be confident with your business and trade strategy based on professional analysis and forecasts of the Black Sea agri market.
Read also
Write to us
Our manager will contact you soon