May 24, 2012

Ukraine to piant near four million soy hectares

Ukraine is likely to plant almost four million hectares of soy in its soy belt, and reap 10 million tonnes of the oilseed, 450,000-600,000 tonnes of biological nitrogen, said Natalya Grigorchuk, Head of the Laboratory of soy selection of the Institute of oilseed crops.

According Grigorchuk, such development will provide revenue to the economy of the country at the level of UAH35 billion (US$4.33 billion).

According to Viktor Sonets, Deputy Director of "Research institute of soybeans" Ltd., to date Ukraine practically reached the industrial scales of production and processing of soy, and every year the demand for soy continues increasing.

The expert noted that providing of haymaking and stubble soy planting is one of the ways to generate additional production volumes of soy.

However, agrarians should take into account the agro-climatic and soil-hydrolytic conditions of a particular territory during such operations.