# Ukraine increases soybean processing but faces pressure from world prices

> Oil World raised its 2025/26 global soybean processing forecast by 2 million tons to 100.26 million tons, a record. Processing in the US, Brazil and Argentina rose in March, and US soybean meal consumption rose 8% year on year. Oil World also said Argentina's reduced and delayed exports keep global meal under pressure.

- Date: 2026-04-23 · published 2026-04-23T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/12288-ukraine-increases-soybean-processing-but-faces-pressure-from-world-prices
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record crush increases meal and oil supply, which typically weighs on meal prices, but Argentina's smaller export flow partly offsets this. Strong processing demand supports soybean prices.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-10-28 | [Processing Journal \| USDA Raises 2026-27 U.S. Soybean Production…](https://feedsoft.ai/events/80-processing-journal-usda-raises-2026-27-u-s-soybean-production.md) | -3.8% | — |
| SBM | 2026-09-14 | [USDA Lifts Soybean Output Outlook, Weighing on Friday Prices](https://feedsoft.ai/events/10675-usda-lifts-soybean-output-outlook-weighing-on-friday-prices.md) | +1.8% | +5.5% |
| SBM | 2023-03-09 | [China, Brazil, EPA factor in soybean price direction \| Food Business News](https://feedsoft.ai/events/15328-china-brazil-epa-factor-in-soybean-price-direction-food-business-news.md) | -3.6% | -9.1% |
| SBM | 2026-09-09 | [China continues US soybean push amid South American purchases \| World Grain](https://feedsoft.ai/events/14550-china-continues-us-soybean-push-amid-south-american-purchases-world-grain.md) | +4.3% | +3.3% |
| SBM | 2025-02-28 | [Prices face pressure as larger U.S. crops expected this year \| The Western Producer](https://feedsoft.ai/events/26080-prices-face-pressure-as-larger-u-s-crops-expected-this-year-the-western-producer.md) | +1.7% | +1.5% |
| SOY | 2025-03-31 | [Soybean market facing typical pressure from South America](https://feedsoft.ai/events/25613-soybean-market-facing-typical-pressure-from-south-america.md) | -4.5% | +2.8% |
| SOY | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +1.9% | +7.3% |
| SOY | 2022-04-08 | [USDA Raises Soybean Exports Estimate, but Gro Predicts Demand Will Increase Further](https://feedsoft.ai/events/41878-usda-raises-soybean-exports-estimate-but-gro-predicts-demand-will-increase.md) | +2.2% | +0.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/ukraine-increases-soybean-processing-but-faces-pressure-from-world-prices/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.