Ukraine processed a record volume of soybeans

06.03.2019

In January 2019, monthly soybean oil production by large and medium-sized crushers in Ukraine totaled a record 24.9 KMT. This is 9.2% more than in the previous month, up 30.4% from the same month last year and the highest-ever volume for January.

As expected, soybean oil production in the first five months of the 2018/19 season broke last year’s record (80.6 KMT) and increased to 101.9 KMT.

As a reminder, market participants believe that soybean processing will revive in the new calendar year. UkrAgroConsult’s preliminary estimate for soybean oil production now remains at 330 KMT.

More information is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative platform AgriSupp.com by UkrAgroConsult - reliable analytical tool, historical and current market data, daily updates on grain, oilseed and pulses markets, try out a new innovative tool for agri market participants – AgriSupp.com. We offer 2-week trial! Completely free!

 

UkrAgroConsult

 

Readers choice: TOP-5 articles of the month by UkrAgroConsult