SunSirs: Ukraine's Soybean Meal Exports Hit a Historic Hhigh
July 11 2025 15:09:11 SunSirs (Selena)
The export volume of Ukrainian soybean meal in 2024/25 (September to June of the following year) reached 1.07 million tons, a year-on-year increase of 82%, setting a historical record.
This significant growth is mainly due to three factors: the sustained increase in demand for the price advantage of Ukrainian soybean meal in the EU market, the significant increase in domestic soybean processing in Ukraine, and the saturation of the domestic market for processed products due to four consecutive years of bumper soybean harvests. Data shows that in the first 10 months of this year, Ukraine exported 889,000 tons of soybean meal to the European Union, accounting for 83% of the total export volume and a year-on-year increase of 51%.
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