Russia: Amur region increases export of soybean products

Published 2022년 9월 7일

Tridge summary

The Amur Region in Russia has been exporting large quantities of soybeans, soybean oil, and soybean meal to China for the past six months. Despite annual floods, soybean harvests have seen an increase in yields, with a plan to reach 1,350 thousand tons in 2022. The Regional Export Support Center has introduced new measures to assist exporters, including co-funding for product transportation and free storage services abroad. A company has already benefited from this support, shipping products to China following the launch of cargo traffic on a new Amur bridge.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For six months, about 80 thousand tons of soybeans, more than 18 thousand tons of soybean oil, almost 4 thousand tons of soybean meal were sent to China The main agricultural crop of the Amur Region is soybean. It is considered highly profitable, and farmers in the region grow this particular plant with pleasure. Moreover, the next major buyer of these products is China. The authorities of the Far East region have taken a course to ensure that most of the soybeans produced in the region are processed here, in the Amur region. “We began to send more processed products,” explained Tatyana Khromchenko, Deputy Head of the Rosselkhoznadzor Department for the Amur Region. — Soybean oil and soybean meal are exported in significant quantities. Our processing enterprises have started working with greater intensity, and the demand for their products has grown.” According to the regional department of the Rosselkhoznadzor, about 80 thousand tons of soybeans, more than 18 thousand tons of ...
Source: Specagro

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