The soybean harvest in the European part of the country could become a record-breaking one.

According to estimates by the Institute for Agricultural Market Studies (IKAR), the soybean harvest in the European part of Russia (hereinafter without taking into account the new regions) in 2025 may become a record. "In the Central and Volga regions, a record harvest of 5.7 million tons may be obtained, and if so, for the first time in history, an export surplus may form here," said IKAR CEO Dmitry Rylko to Interfax. In the central regions, IKAR forecasts a soybean harvest of 4.6 million tons compared to 3.6 million tons last year, in the Volga region up to 1.1 million tons compared to 650 thousand tons. Overall, the country's crop is expected to be at 9 million tons or more, but this is not the final estimate yet, as the harvest is not yet complete. Given that an export duty of 20% applies to soybeans, the focus will likely be on exporting soybean meal. "There are sufficient capacities for processing soybeans, in recent years new enterprises have been and continue to be introduced in these regions. The only question is where and why to transport it," said Rylko (quote from Interfax).