Soybeans, a footnote to Ukraine’s grain story, are expected to see a 36% jump in production in the upcoming marketing year, 3.8 million tons.

Wednesday, April 21, 2021

The USDA attributes this to a change in tax laws that make soybean production more profitable. Exports in the upcoming marketing year are expected to reach 2 million tons, up 20% over last year. This would make Ukraine the world’s six largest soy exporter, after Canada.

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