Soybean prices in the domestic market have surged due to a combination of seasonal supply shortage and escalating demand from both export and processing sectors. Export activities have seen a significant uptick, with nearly 79,000 tons exported in the first half of August, compared to 66,000 tons in July and 14,000 tons in the same period last year. This surge in demand is largely driven by issues with yield in Ukraine, leading to increased purchasing activity by processors.