News last update:6 Aug 2012

More soybean and rape export for Ukraine

Export of soybeans from Ukraine may total about 400,000 tonnes in the current marketing year (September 2006-August 2007) against 226,000 tonnes in the previous one, informed General Director of the Association "Ukroilyaprom", Stepan Kapshuk.

According to the forecasts of Ukroliyaprom Ukraine may increase rape export to 500,000 tonnes in the current year against 172,700 tonnes in 2005/06 MY.

According to Kapshuk for five months of 2006/07 Ukraine has already exported about 470,000 tonnes of rape and 300,000 tonnes of soy. He noticed that rise in export of these crops is connected with increase in their harvest last year and rise in demandon world markets.

At the same time General Director of the Association expressed his anxiety concerning the situation with selling of domestic soymeal remaining after soy crushing. According to him this product is not demanded from poultry enterprises that is why soymeal producers have difficulties with its sale.

In 2005/06 MY Ukraine exported 226,000 tonnes of soy (harvest totalled 616,000 tonnes) and 182,700 tonnes of rape (284,700 tonnes).

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