Ukrainian soybean crushers taking over feedstock from traders

01.02.2018

Ukraine’s large and medium-sized crushers produced 18.4 KMT of soybean oil in December 2017, or 15% more than in the previous month (16 KMT) and 21% less than in December 2016 (15.2 KMT). December’s monthly volume of soybean crushing, like in November, hit a record high.

In total, 2017/18 soybean oil production amounted to 61.7 KMT by January that is up almost 25% year-on-year and the largest volume for September-December, report UkrAgroConsult.

As a reminder, domestic soybean crushing in Ukraine fell last year in favor of record exports. This season’s exports of Ukrainian soybeans are down 2.6% year-on-year.

 

UkrAgroConsult

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