The expert predicts a soybean boom, and a future for corn in Ukraine

Maize (Corn)

Soybean

Ukraine

Published Mar 13, 2023

Tridge summary

There may be a "soy boom" in Ukraine this year. Given that it does not require fertilizers and is currently more expensive than sunflower, the area under cultivation can increase significantly. This is written by Kurkul.com with reference to the words of Viktor Sheremeta, the head of the FG "Hercules". According to his forecast, there may be a soybean boom this year. At the same time, if there is no established export and the area increases, this will cause the price to fall. "If we look at the price policy over the past three years, the prices of almost all crops have decreased, while the prices of soybeans, on the contrary, have increased. That's why soy looks attractive today. If sunflower used to be the most expensive, now it is losing its position compared to soybeans," the farmer said. As Viktor Sheremeta noted, although in general farmers will sow more soybeans this year, at the "Hercules" farm they are still betting on corn. "Corn is sown less, it will be easier to sell. In general, there will be less harvest in Ukraine this year. Although the trends regarding price reduction in the fertilizer market are positive.

Original content

There may be a "soy boom" in Ukraine this year. Given that it does not require fertilizers and is currently more expensive than sunflower, the area under cultivation can increase significantly This is written by Kurkul.com with reference to the words of Viktor Sheremeta, the head of the FG "Hercules". According to his forecast, there may be a soybean boom this year. At the same time, if there is no established export and the area increases, this will cause the price to fall. "If we look at the price policy over the past three years, the prices of almost all crops have decreased, while the prices of soybeans, on the contrary, have increased. That's why soy looks attractive today. If sunflower used to be the most expensive, now it is losing its position compared to soybeans," the farmer said. As Viktor Sheremeta noted, although in general farmers will sow more soybeans this year, at the "Hercules" farm they are still betting on corn. "Corn is sown less, it will be easier to sell. In ...

Source: Superagronom