Ukraine increases soybean production

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 country also certified 658 thousand tons (17.5% of the total production) as sustainable, non-genetically modified, and grown without deforestation, aligning with the EU's new regulations for raw material supply. This achievement is credited to the Protein Partnership Program, aiming to boost sustainable non-GM soybean production for European markets. The program invests in training farmers and certifying elevators across Bosnia and Herzegovina, Moldova, Serbia, and Ukraine. The upcoming EURO GRAIN HUB Exchange & Forum in Bucharest will further discuss the development of the Black Sea and global grain and oilseeds markets.

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 to soybeans in Ukraine, which is a critical crop for European protein supplies, and 3.7 million tons were harvested. This is 7% more than last year, according to the press service of the Ministry of Agrarian Policy and Food of Ukraine. About 658 thousand tons of Ukrainian soybeans (17.5% of total production) were certified as compliant with the principles of sustainability. That is, it is not genetically modified and is grown on land without deforestation and land use change, according to the standards of the Danube Soybean Association. This ensures strict compliance with EU regulations on plant protection systems, greenhouse gas emission reductions and traceability to the field, as contained in the new EU requirements for the supply of raw materials that are risky for forests and ecosystems. The new EU FECR regulations are scheduled to enter into force in 2024. This significant result was achieved through the implementation of the ...

Source: UkrAgroConsult