Agricultural By-products insights

Soybean imports to the European Union in the 2024/25 season, which began in July, reached 11.22 million tonnes by April 20, up 9% from the same period a year earlier, while rapeseed imports to the EU for the same period amounted to 5.41 million tonnes, up 14% from the previous year. Meanwhile, soybean meal imports rose by 26% to 15.14 million tonnes.  Palm oil imports to the EU amounted to 2.30 million tonnes, down 20% from the previous year. Soft wheat exports from the European Union since the start of the 2024/25 season in July 2024 reached 17.17 million tonnes by April 20, up from 26.08 million tonnes a year earlier, oilworld.ru reports, citing the EC. EU barley exports totalled 4.10 million tonnes, up from 5.09 million tonnes in the same period of 2023/24, while EU maize imports totalled 16.76 million tonnes, up from 14.94 million tonnes a year earlier. *Italy's export data were incomplete from December 2024 onwards, and France's from the start of the calendar year 2024. In addition, Bulgaria's and Ireland's export data were incomplete from the start of the calendar year 2024 onwards.

Average prices per ton for Ukraine's 5 largest export products - oil, corn, wheat, soybeans, chicken

The price of sour cream, millet, buckwheat and sugar has slightly decreased According to Krasnodarstat, over the month (March 17 – April 14) in Krasnodar Krai, among fruit and vegetable products, cucumbers (by 5.0%, to RUB 235.14/kg) and onions (by 2.0%, to RUB 60.63/kg) have become cheaper. The cost of potatoes amounted to an average of RUB 93.53/kg, beets – RUB 58.37/kg, white cabbage – RUB 64.79/kg. Among dairy products in the region, there was an increase in prices for whole ultra-pasteurized (by 2.8%, to 121.25 rubles/l) and pasteurized (by 2.3%, to 89.87 rubles/l) milk with 2.5-3.2% fat content and butter (by 2.0%, to 1,161.05 rubles/kg). At the same time, sour cream became cheaper (by 0.9%, to 359.63 rubles/kg). The cost of cottage cheese settled at 417.29 rubles/kg, hard and soft rennet cheeses - 902.89 rubles/kg, dry milk mixtures for baby food - 1,270.40 rubles/kg. On the meat and meat products market, the prices for pork (by 2.2%, to RUB 383.20/kg), beef (by 0.4%, to ...