Export of Ukrainian soybean meal to Poland increased in December despite the blockade

Published Jan 7, 2024

Tridge summary

In December 2023/24, Ukraine had the highest monthly export of soybean meal in almost 4 years at 88,000 tons, with more than 90% of the total export going to Poland. Despite the blockade of several checkpoints on the Polish and Slovak borders, Ukraine was still able to increase shipments to Poland. However, the blockade led to losses in foreign trade in November and December, with a ban on the import of Ukrainian grain to Poland remaining in effect until relevant EU rules are developed.

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

Original content

In December 2023/24, the Republic of Ukraine increased its export of soybean meal to 88,000 tons, which was 26% higher than in November and became the highest monthly figure in almost 4 years (since February 2020), IA APC-Inform analysts reported. Since the beginning of this season, more than 90% of the total export of this product has come to the land border, and the blockade of several checkpoints on the Polish and Slovak borders during December did not become an obstacle to the increase in shipments of meal to the main sales market - Poland, analysts say. Despite the strike, in December 2023, Poland imported the second largest monthly volume of Ukrainian soybean meal — 46 thousand tons (+11% until November), or 53% of the total export of this product from Ukraine. It will be recalled that Subcarpathian Voivode Tereza Kubas-Gul announced the signing of an agreement between the Minister of Agriculture Czeslaw Sekerski and representatives of the "Deceived Village" movement to stop ...

Source: Landlord