Russia. Soybean meal exports down 18%

23.04.2018

Russian soybean meal exports increased to 37.7 KMT in January 2018 versus 18.9 KMT in the previous month and 17.7 KMT in January 2017. A total 125.4 KMT of soybean meal was shipped abroad in the first five months of MY 2017/18 versus 124.6 KMT a year ago (up 1%), reports UkrAgroConsult.

In MY 2017/18, soybean meal exporters still face both a falling number of end markets and a contraction of the available ones. Overall, the market keeps focused on European consumers, which absorbed 81% of total exports. The second and third largest importers of Russian meal were Ukraine and Tajikistan (3% and 1%, respectively).

 

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