Business news from Ukraine

Business news from Ukraine

Soybean Harvest in Ukraine Declined by 23.4% to 3.3 Million Tonnes

11 November , 2026  

As of November 10, 2026, Ukrainian farmers had harvested 3.30 million tonnes of soybeans, which is 23.4% less compared with the figure recorded on November 7 of last year, the Ministry of Agrarian Policy and Food of Ukraine reported. According to the ministry, soybeans have been harvested from an area of 1.52 million hectares, representing 94.4% of the forecast area. The average crop yield stands at 21.8 centners per hectare, compared with 23.5 centners per hectare a year earlier.

In 2025, as of the comparable date, farmers had harvested 4.31 million tonnes of soybeans from an area of 1.83 million hectares. Thus, this year’s gross harvest is approximately 1.01 million tonnes lower.

The reduction in harvested volumes is associated with both a 17.1% decrease in the harvested area and a 7.6% decline in the average yield.

It was the reduction in area that became the main factor behind the negative trend in the gross harvest.

Soybeans are an important raw material for the production of vegetable oil, meal, and compound feed. A significant portion of the output is used in livestock farming and the food industry and is also supplied to foreign markets.

The decrease in the gross harvest may intensify competition between processing enterprises and exporters for available raw materials. However, the impact on domestic prices will also depend on carryover stocks from the previous harvest, international quotations, and demand for processed products.

Among Ukraine’s three main oilseed crops, soybeans are showing the opposite trend compared with sunflower seeds and rapeseed, whose gross harvests increased over the same period.

Soybean harvesting in Ukraine is still ongoing but has already been completed on more than 94% of the forecast area.

Original source: Ministry of Agrarian Policy and Food of Ukraine, November 10, 2026.

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