Business news from Ukraine

Exports of soybean meal from Ukraine in December became record for four years

The exports of soybean meal in December of 2023-2024 marketing year amounted to 88 thsd tonnes, up 26% compared to November, and became the record monthly high for almost four years since February 2020, APK-Inform news agency reported.

“Since the beginning of the current season, more than 90% of the total exports of this product have been on the land border, and the blockade of several checkpoints on the Polish and Slovak borders in December did not prevent the increase in shipments of meal to the main market – Poland,” the analysts said.

Poland became the main buyer of Ukrainian soybean meal in December 2023, importing 46 thsd tonnes (+11% compared to November), which accounted for 53% of the total exports of the product from Ukraine, APK-Inform stated.

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