Turkey almost stopped buying Ukrainian soybean meal

Published 2021년 3월 31일

Tridge summary

During the September-February 2020/21 marketing year, Ukraine experienced a significant decrease in soybean meal exports, with a total volume of 274.9 thousand tons, marking a 37% drop compared to the previous year. This decline is primarily attributed to a decrease in internal processing volumes, further exacerbated by a reduction in soybean yields. The majority of exports were directed to the European Union (41%), with Belarus being the second largest importer (31%). There was a notable increase in exports to Germany, Moldova, and Georgia, while exports to Turkey, Hungary, and Belarus saw a significant decrease.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Export of soybean meal from Ukraine in September-February 2020/21 MY amounted to 274.9 thousand tons. This is 37% lower compared to the same period last year. The reduction was due to a decrease in the volume of internal processing against the background of a decrease in the soybean yield, UkrAgroConsult reports. “The key importers are the EU countries with a market share of 41% and Belarus - 31%,” analysts say. An increase in export volumes was recorded in the direction of ...

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