The beginning of the new 2018/19 season in Russia features a high level of soybean processing. So, 71.2 KMT of soybean oil was produced in September 2018 that is a record high for this month.

Due to expectations of an abundant soybean crop in Russia in the 2018/19 season (at least 4 MMT), domestic crushing is forecast to increase. Consequently, the season is set to witness record soybean oil production, reports UkrAgroConsult.

Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

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