Prices for soybean cake in Ukraine at the end of August reached a historic high

As of the end of August, according to monitoring data from APK-Inform Information Agency, supply prices for soybean cake on the domestic market of Ukraine reached a historical maximum, amounting to 22,600-24,500 UAH/t EXW. It is worth noting that the upward price trend in this segment has prevailed over the past year, which is due to the increase in the cost of soybeans and the high demand for soybean cake from feed mills and livestock enterprises. And, given the significant reduction in the supply of cake on the market against the backdrop of a shortage of soybeans in the summer, price growth accelerated in July and the first half of August of this year. At the same time, the majority of buyers, given the approach of the new season, ...