October unrefined soybean oil production cut back by a quarter

Infographic guide Ukrainian Agribusiness 2019/20


Unrefined soybean oil production in Ukraine reached 204.8 thou. t in the period January-October 2020, 16.9% lower YoY, the data of the State Statistics Service of Ukraine show.

In October of the current year, crushing plants produced 16.19 thou. t of soyoil, 26% less from October 2019.

As reported, unrefined soybean oil stocks at processing enterprises totalled 5.32 thou. t.

Vegetable oil industry in Ukraine (click for full resolution)

Soybean stocks in Ukraine as of Nov 1, dropped by 37% YoY to 1.4 mln t. On the reporting date last year, soybean stocks totalled 2.2 mln t. Agricultural enterprises stored 898.4 thou. t. Enterprises specializing in processing and storage kept 491.1 thou. t of the oilseed crop.

Soybean production in Ukraine and worldwide (click for full resolution)

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