USDA ERS Soybeans & Oil Crops

  • economic feasibility analysis of soybean oil production of russia
  • economic feasibility analysis of soybean oil production of russia
  • economic feasibility analysis of soybean oil production of russia
  • economic feasibility analysis of soybean oil production of russia

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  • How much soybean oil is shipped in Russia?
  • Russia shipped 384 thousand tons of soybean oil worth $282 million for $734.375 per ton (282 mln. USD/384 thousand tons) [ 5 ]. Based on economic feasibility, it is necessary to develop domestic processing in Russia actively. The situation in this direction is not clear-cut by Federal Districts.
  • Does Russia have a balance between production and consumption of soybeans?
  • Similar to Europe, Russia has a negative “balance” between the volume of own production and consumption of soybeans. More than 2 million tons of soybeans are supplied to Russia from Brazil, Argentina, and other countries every year.
  • Does Russia produce soy?
  • Russian production of soybeans provides only 50% of the necessary raw materials to the processing plants in the country. The production of soy concentrates, dietary supplements, soy flour, soy isolates, food composites, and other processed products is underdeveloped in Russia. Russia is currently a net importer of soybeans.
  • Is soybean oil production economically feasible?
  • This demonstrates the process can earn profits within the service period, which is the assumption in this study. Therefore, capacities over 34.64 million kg of annual soybean oil productions are economically feasible operating scales. (8) Pay back Time = 100 ROI
  • Why did Russia lose a lot of soybeans?
  • It is important to note that this happened due to a drop in production in the European part of Russia (by 5.4%—to 2.64 million tons). However, agricultural producers in the Far East managed to harvest 4.7% more soybeans (1.65 million tons) due to higher yields and a lower percentage of lost acreage.
  • How many hectares of soybeans can Russia produce?
  • With the state approach to soybean cultivation in Russia, it is possible to carry out production on 4.5 million hectares due to additional areas in the regions. This will provide the necessary volumes of high-protein soy raw materials, food products, and feed additives to the population and livestock.