News

Ukraine is urgently seeking solutions as Russia’s blockade of Odesa ports chokes grain exports at the peak of the harvest, despite efforts to scale up alternative routes.

In the first 12 days of August, Ukraine exported only 590,000 tonnes of grain, about 30% of the needed volume, Agriculture Minister Taras Vysotskyi told journalists on Friday.

Europe is increasingly viewing Ukraine not simply as a major agricultural supplier, but as a strategic component of its future food and resource security. According to the European Commission, Ukraine’s accession could increase the EU’s protein self-sufficiency from 76% to 86%.

This figure goes far beyond a statistical projection. It is a clear indication that Ukraine’s agricultural potential is already being incorporated into European strategic thinking on food security, resource autonomy and resilient supply chains.

Stronger domestic processing activity has supported soybean purchase prices in Ukraine, according to Spike Brokers.

The brokerage said the global soybean complex ended the week under pressure from improved weather forecasts in the United States, which triggered a sharp decline in futures prices.

In contrast, Ukraine’s physical soybean market followed a different trend. Increased demand from domestic processors lifted the indicative CPT plant price to $450/ton.

Official Statement of the Allseeds Group of Companies