Russia’s Soybean Harvest to Hit a Record High Volume


Sep 14, 2022 | Agricultural Markets News

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Russia increased Soybean sown areas by 13% (401 thousand hectares) compared with 2021, amounting to 3,469 thousand hectares, according to the calculations of AB-Center. This is a record high since at least 1990. This increase in acreage is primarily due to favorable pricing conditions and growing global demand for Soybeans and their derivatives.

In recent years, there was a change in the structure of areas depending on the region of Soybean cultivation, an increasing concentration of production in the European part of the Russian Federation. The leadership belongs to the Central Federal District (41.0% of all areas). This year, among the key districts of Soybean cultivation, Soybean areas in the Southern and Volga Federal Districts increased significantly by 23.0% and 50.5%, respectively.

Just a couple of years ago, the Far Eastern Federal District was in the lead, but the district’s share in the total area structure is declining yearly. For example, in 2022, it was 37.6%, although it was 64.3% ten years ago. Soybean cultivation in the Far Eastern Federal District is aimed mainly at exporting to China.

For many years, there was an increase in Soybean yields in Russia. The highest rates for the period considered in the study (since 1990) were in 2019-2021. In 2019, it reached 15.7 q/ha in weight after refinement. In 2020 and 2021, the yield was approximately at the same levels and amounted to 15.9 q/ha in weight after completion.

The supply of seed Soybeans to Russia in January-July 2022 increased by 29%, compared to the same period in 2021. France and Romania are the key countries of origin of Soybean seeds imported into the Russian Federation for sowing in 2022. 

Soybean harvests in 2021 increased significantly and reached 4,760 thousand tons in weight after processing, which is a record figure in the entire history of the cultivation of this crop in the Russian Federation. This is 10.5% (452.2 thousand tons) more than in 2020. If the yield within the federal districts remains at the level of a year ago, the harvest will amount to 5,406.0 thousand tons in weight after processing, which is 13.6% (646.2 thousand tons) more than a year earlier.

The production of Soybean meal in 2021, according to updated USDA data, amounted to 3,782 thousand tons (+6.5% by 2020). In 2022, the figures are forecast to increase by another 4.2%.

In 2021, compared to 2020, according to the RosStat, Soybean Oil production in the Russian Federation decreased by 10.5% to 714.9 thousand tons. From January-June 2022, Soybean Oil production in the Russian Federation increased by 7.2% compared with the same period in 2021.

Russia’s Soybean Harvest to Hit a Record High Volume

Russian Soybean Trade

In 2021, the country’s Soybean imports amounted to 2,010 thousand tons, 3% less than a year earlier. In January-July 2022, according to AB-Center, deliveries decreased by another 9.5% compared with the same period of 2021. As per AgFlow data, Brazil led its import market with 0.8 million tons of Soybean in March-August 2022, followed by Uruguay and Paraguay.  

In terms of export, 571 thousand tons of Soybeans were shipped abroad, which is 56.3% less than in 2020. The supply reduction is mainly due to high export duties in 2021 (February-June). The main destination countries for Russian Soybean exports are currently China and Belarus.

In 2021, Soybean Oil exports decreased in volume by 20.4% and amounted to 527.5 thousand tons. In January-July 2022, the volumes increased by 17.2% year on year. The essential destination countries for Soybean Oil exports from the Russian Federation are Algeria, Egypt, India, China, and Iran. 



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