In January, Ukrainian soybean exports amounted to 305 thousand tons

Published 2024년 2월 5일

Tridge summary

Ukrainian soybean exports have seen an 18% increase since the start of the 2023/24 marketing year, reaching 1.9 million tons, largely due to a record harvest of 4.8 million tons in 2023. Soybean oil exports have also risen, with January 2024 exports totaling 31 thousand tons, bringing the five-month total to 139 thousand tons. Analysts predict that soybean processing volumes for the current season will be between 1.5 and 1.6 million tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the beginning of MY 2023/24, Ukrainian companies have exported 1.9 million tons of soybeans. This is 18% more than in the same period last season (1.6 million tons). In January 2024, Ukrainian soybean exports amounted to 305 thousand tons. In December 2023, this figure was 436 thousand tons, and in January 2023 – 406 thousand tons. The main factor in export growth in the new season is the record harvest of this crop in 2023 at 4.8 million tons. Analysts predict that the volume of soybean processing in the current season will be 1.5-1.6 million tons. Soybean oil exports in January amounted to 31 thousand tons, in total for the first five months of the new season - 139 thousand tons (for ...
Source: Oilworld

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