Browse Data and Analysis

For marketing year (MY) 2024/25, Ukrainian farmers are forecast to increase area under all the major oilseeds except for sunflowers. However, regarding production volumes, this increase might be somewhat dampened by lower yields compared to the high levels of MY2023/24.

Dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through these international waters each year, making the Black Sea region a major supplier of agricultural commodities worldwide.

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

Ukraine sets an export cap for sunflower oil at 5,380 thousand metric tons (TMT).

For marketing year (MY) 2021/22 oilseeds will continue to remain a top planting choice for Ukrainian farmers due to higher profitability compared to grains

Chinese authorities approved four rapeseed meal processing facilities for export to China.

Export VAT refunds for soybeans and rapeseed have been officially reestablished for all exporters. This should foster lower soybean crush numbers for marketing year (MY) 2020/21.

For 2020/21 oilseeds will remain a top choice for Ukrainian farmers due to higher profitability compared to grains.

Ukraine is a lower-middle income country in Eastern Europe. Its economy is rebounding after the political and economic turmoil of recent years.

Ukraine signed a Protocol for veterinary and phytosanitary requirements for exports of rapeseed meal to China.

Soybean crush and subsequent oil and meal exports are on the rise for MY2018/19 due to recent changes in Ukraine’s domestic tax policy.

This report contains revised production, consumption and trade forecasts for MY2018/19 as well as updated production and trade estimates for MY2017/18.