Acute shortage of soybean meal in Russia

While struggling to produce enough soybeans to meet domestic demand, Russia’s heavy reliance on imports has led to an inevitable consequence on cost and supply. With acute shortages looming, what steps are being taken to fill the blanks? Imports account for nearly 43% of soybean supplies in Russia as the country fails to produce enough to meet the demand of domestic feed mills. Speaking at a recent governmental meeting in Moscow, Vladimir Volik, the head of the market regulation department of