Ukraine's soybean market has shifted to trading the new crop well before harvesting begins. According to White Brokers, a significant share of the 2026 soybean crop has already been sold under forward contracts, highlighting strong demand for Ukrainian soybeans and active pre-harvest marketing.
Last week, prices for non-GMO new-crop soybeans were around €425/t FCA for shipments by European-gauge rail at Ukraine's western border. However, these prices mostly apply to deliveries scheduled for December 2026 through February 2027, as opportunities for earlier shipments remain constrained by shortages of logistics and transshipment capacity.
Market analysts emphasize that logistics availability, rather than demand, has become the main factor shaping the soybean market. Limited transportation and export infrastructure are determining delivery schedules and restricting the pace of new-crop exports.
Supply of new-crop soybeans is expected to increase steadily in the coming weeks, potentially putting additional pressure on domestic prices. Unless export logistics improve, transportation constraints are likely to remain the dominant influence on Ukraine's soybean market throughout the new season.