Ukraine: Oilseeds and Products Update
Ukraine’s Ministry of Agriculture reported the MY2017/18 oilseeds harvest has concluded. Production levels were set as follows: sunflower seeds 15-percent lower compared to the previous MY; soybeans –12-percent lower; and rapeseed – 83-percent higher. Ukraine remains one of the leading exporters in the region. Recent changes in tax legislation and excess crush capacity will likely encourage additional processing activity and lead to higher exports of processed products (oils and meals) vis-a-vis unprocessed oilseeds.
