According to statistics from the Ukrainian Ministry of Economy, Environment and Agriculture, as of January 15, 2026, Ukraine has harvested 59.015 million tons of grains (including beans), covering an area of 11.144 million hectares (equivalent to 96% of the planned harvest area), with an average yield of 5.3 tons per hectare.

The grain harvest in Ukraine reached 59.015 million tons, including beans, with a harvest area of 96% and a yield of 5.3 tons per hectare, indicating a significant increase in soybean supply. As a major exporting country in the world, Ukraine's increased production will boost global market supply, putting downward pressure on soybean spot prices and expected short-term price pressure.

Ukrainian corn, as the main grain, has a high harvest and strong yield, strengthening the expectation of global oversupply. Based on the corn futures data (main contract 2701 closing price of 2,241 RMB/ton, settlement price of 2,240 RMB/ton, down 21 RMB on the day, with an increase of 428 holdings), the market has a strong bearish sentiment, and an increase in holdings indicates increased bearish pressure. It is expected that there is a high risk of further decline in futures prices.

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