A record amount of soybeans was harvested in Ukraine last year

Published 2023년 3월 21일

Tridge summary

In 2022, Ukraine saw a 7% increase in soybean production, reaching 3.7 million tons across 1.5 million hectares. The Danube Soy Association marked 17.5% of this production as sustainable, adhering to EU standards without GM and without deforestation. This initiative is part of the Protein Partnership Program, aiming to boost sustainable non-GM soybean production for the EU. From September 2022, there was a rise in purchase prices for soybeans in Ukraine, with plans to sow at least 1.2 million hectares in 2023 due to the crop's ease of cultivation, export potential, and benefits as a predecessor and successor to other grains.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2022, more than 1.5 million hectares were sown in Ukraine with soybeans, which is a critical crop for European protein supplies, and 3.7 million tons of harvest was harvested. This is 7% more than last year, the press service of the Ministry of Agrarian Policy reports. Follow the news in a convenient format: Follow us on Twitter About 658,000 tons of Ukrainian soybeans (17.5% of total production) were certified as meeting the principles of sustainability. That is, it is not genetically modified and is grown on land plots without cutting down forests and changing the target land use, according to the standards of the Danube Soy Association. This ensures strict compliance with the EU plant protection system, greenhouse gas emissions reduction and field traceability contained in the new EU requirements for the supply of raw materials at risk for forests and ecosystems. The entry into force of the new EU regulatory rules (EU FECR) is scheduled for 2024. This result was achieved ...

Source: Landlord