Ukraine Food Export Agency: Ukraine Will Increase Soybean Production
Ukraine's sunflower seed production is expected to reach 13.36 million tons this year, down 5.7 percent from the previous year, while soybean production will increase 5.1 percent to 4.703 million tons, according to the Ukrainian food export agency (UFEB).
It is noteworthy that rapeseed production will reach 3.445 million tons, an increase of 20.2 percent year-on-year.
In the first quarter of 2019, Ukraine produced 197,530 tons of refined edible oil, an increase of 21% over the same period last year. Gross edible oil production was 1.487 million tons, up 14 percent year-on-year.
In the first quarter of this year, Ukraine exported 98,530 tons of soybean oil, up 40 percent year-on-year. Exports of rapeseed oil rose 39 per cent year-on-year to 2,290 tonnes. Exports of sunflower oil rose by only 16.6%.
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