Spread between soybean exports and domestic processing stands at $20/t — TAS Agro's Zhemerdieiev

The net spread between soybean export prices and sales to domestic processors currently stands at around $20 per ton, said Anton Zhemerdieiev, Commercial Director of TAS Agro, during a panel discussion at the Soybean Market: Growing. Processing. Trade conference.

According to him, the difference between the export price and the plant-gate price reaches $38/t, but after adjusting for logistics, the net spread is around $20/t.

This spring, TAS Agro is significantly reducing its soybean acreage.

“In response to unpredictable government policy regarding oilseeds, we are reducing soybean planting by 64%,” he said.

The holding plans to focus on clusters where soybeans deliver stronger economics, as well as on technology, yields, and access to premium European markets.

Zhemerdieiev noted that the non-GMO soybean market remains premium and is currently driven mainly by demand from Europe, where the company sold most of its output this year.

At the same time, soybean profitability for the company is not high compared to other crops, while regulatory unpredictability remains an additional pressure factor.