The modern tendencies of soybean market in the world and Russia

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Soybean seeds have the first rank among all oil crops world oil production, and it is a leader on protein yields among grain and grain-legumes crops. Soybean is cultivated on all continents more than in 90 countries. It is historically turned out that the leader in soybean production is USA, second country is Brazil. The total amount of these crop production in these countries presents two-thirds of world one. While total output is increased, the stable tendency of world soybean export increase is progressed. There are three leaders in soybean export - USA, Brazil, and Canada, respectively. Russia in this list is only tenth. The main soybean importer is China, it contains 63.3% of the world import. A quintuple of the greatest countries-importers are also included Mexico, Japan, and Indonesia. For the period 2000-2015 soybean import in Russia has been increased from 65 ths. ton to 2.05 mln t, or on 31.5 times. Enlarging of import amounts certifies deficit of plant protein. But nevertheless, Russia has significant possibilities to develop soybean production. The growth of this industry can be reached both by intensive and extensive technologies of the crop production.

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Soybean, production, world market, export-import potential

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IDR: 142151308

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