In Ukraine, the demand price for soybeans has been rising for the fourth consecutive week. As of November 14, the maximum demand prices for soybeans reached 18,200 UAH/t SRT, which is 900 UAH/t higher than the prices reported a month earlier.
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According to the monitoring agency "APK-Inform", for the fourth consecutive week in Ukraine, there has been an increase in demand prices for soybeans. It is noted that this trend is explained by the limited supply of soybeans due to farmers withholding sales, expecting a further significant increase in prices for legumes. "Also, the small supply of soybeans is due to delays in the harvesting campaign amid prolonged rains, which resulted in a deterioration of the quality of soybeans. In addition, the increase in prices is facilitated by high competition for raw materials between processors and exporters," the report states. Taking into account these factors, as of November 14, ...
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