Russia exported record high volumes of soybean meal

21.09.2016

In August 2016 exports of Russian soybean meal equaled 28.9 KMT against 34.6 KMT in the previous month, reports UkrAgroConsult. Total exports in 2015/16 grew to another record. Russia managed to overcome export lag in May, compared to the previous season, and this tendency remained till the end of the season. In 2015/16 (September-August) 474.6 KMT of soybean meal was exported, which was 9% higher than in 2014/15 (436.5 KMT).

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Top three importers of Russian soybean meal remained the same – Poland (over 56% of total exports), Netherlands (over 38%) and Uzbekistan (over 28%). It should be noted that export market of Russian soybean meal in 2015/16 remained oriented for EU consumers.

More detailed information on Russian oilseeds/vegoils market is available to subscribers for weekly market report "Black Sea Vegoils & CIS" by UkrAgroConsult. 

 

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