As of July 21, 2025, Ukraine has exported 27,000 tons of new-crop rapeseed.

This was reported by analysts from the First Ukrainian Agricultural Cooperative (FUAC), established under the Ukrainian Agri Council (UAC).

These are the first volumes of the new harvest, which have already come under pressure from traders — the market is seeing attempts to artificially lower purchase prices despite the absence of any objective grounds for doing so.

According to the FUAC estimates, traders are trying to “squeeze” prices even before the President officially signs the law introducing a 10% export duty on soybeans and rapeseed. If signed, the duty would come into effect on September 1, 2025. However, some traders are already manipulating the situation to profit from purchases at reduced prices.

"The duty is not yet in effect, and prices are being pushed down. This is an element of traders’ unfair play aimed at maximizing profit. Currently, there are no economic reasons for lowering prices," the FUAC analysts emphasized.

Due to weather conditions, this year's rapeseed harvest campaign is being delayed. At the same time, there are risks of yield losses due to heavy rainfall. On average, the yield across the country could be up to 2 tons per hectare. At the same time, analysts report problems with rapeseed stocks, which puts additional pressure on the market.

The European market is showing positive dynamics: exchange quotations on Euronext rose from 470 to 490 euros per ton. If the trend remains stable, the psychological mark of 500 euros per ton may be reached as early as September.

The dynamics of the rapeseed market will largely depend on the behavior of soybean prices, to which rapeseed is linked as an exchange indicator.

On the domestic market, the currency price is currently 500-540 euros per ton - it is 23,200-23,500 UAH per ton in ports.

However, due to delays in the harvesting campaign and weak market liquidity, trade has virtually come to a standstill. Nevertheless, taking into account further weather and exchange factors, the hryvnia price has the potential to grow.