Soybeans

Processors and traders reduce soybean purchases in Ukraine
Ukrainian processors will limit soybean purchases if its supply increases sharply, as they have already purchased large volumes of sunflower at high prices.

The Ministry of Economy is finalizing the mechanism for exempting soybean and rapeseed export duties
The mechanism for preferential export of soybeans and rapeseed, which allows exporting products without a 10% duty, has been approved and is being finalized.

The government has determined a mechanism for exporting soybeans and rapeseed
The Cabinet of Ministers has developed a mechanism that will allow farmers to export grown soybeans and rapeseed without paying export duty.

15 million USD soybean export fraud: state compensated for losses
The company’s director intentionally failed to declare income from the purchase and sale of soybeans, which were to be exported from one of the ports of the Odesa region.

Analysts believe that the abolition of export duties further complicates the soybean and rapeseed market
Ukrainian analysts believe that the abolition of duties on soybean and rapeseed exports creates even greater uncertainty in the market.

Ukrainian farmers will file lawsuits for refund of export duty on rapeseed
Farmers who agreed to pay the export duty on rapeseed are simultaneously collecting documents for claims for its reimbursement.

Vessels are waiting in ports: soybean and rapeseed exports have stopped due to tariffs
Soybean and rapeseed shipments were effectively blocked after the introduction of a 10% export duty.

EUDR regulation will affect soybean exports to the EU and create new challenges for port operators, – UCAB
In January 2026, the EUDR (European Union Deforestation Regulation) regulation will come into effect, which may create new non-tariff barriers to soybean exports to the EU.

The soybean exporter in Odesa region did not pay taxes on more than 4 million
The soybean exporting company avoided paying taxes in the amount of UAH 4.2 million.

Ukraine exported a record volume of soybeans in 2022/23 MY
In September-June 2022/23, Ukraine exported about 3 million tons of soybeans, which became a record seasonal volume of shipments to foreign markets in the entire history.