August 19, 2011

Ukraine increases Russian soymeal imports

Ukraine bought 30,000 tonnes of Russia's soymeal in September-July of the 2010/2011 marketing year, compared with 64,400 tonnes imported in the same period of the previous marketing year, UKRINFORM has reported.

Starting from the second quarter of 2011, soymeal was mainly imported from Russia, which became the leader of deliveries to Ukraine in a short period of time.

Thus, the geography of soymeal imports to Ukraine in September-July of the 2010/11 marketing year was as follows: Russia - 12,000 tonnes, Brazil - 5,500 tonnes, Argentina - 4,200 tonnes, Germany - 4,000 tonnes, Poland - 2,300 tonnes, and the Netherlands - 2,000 tonnes.

Traditionally, soymeal is used to feed birds, so its main buyers are market leaders Myronivsky Hliboproduct and Askop.