The soybean market is entering a growth phase: prices are approaching 22,500 UAH/t.

In the Ukrainian soybean market, price dynamics are resuming, driven by increased demand from processing plants and limited raw material supply. Meanwhile, the export segment remains sluggish due to competition from cheaper Brazilian products and domestic regulatory factors. This is reported by the analytical department of the agricultural cooperative PUSK, established within the All-Ukrainian Agrarian Council (VAR). A certain support for oilseed crops, including soybeans, is formed by the external energy factor: rising oil prices increase demand for vegetable oils. At the same time, the main driver of the market is domestic processing. Demand for soybean meal and oil is growing, which stimulates plants to make active purchases. "Over the past week, individual processors have raised purchase prices by 500 UAH/t. We are already seeing a level of about 22,000 UAH/t. By the end of April and the beginning of May, there are all the prerequisites to expect 22,500 UAH/t. At the same ...