Russian soybean oil production hit a new high

Russia processed a record monthly amount of soybeans in December 2017. So, soybean oil production gained 33.8% in December 2017 versus November 2017, reaching 83.9 KMT. It was up 42.4% on the year (58.9 KMT in December 2016/17). Soybean oil output hit a record 254.6 KMT in the first four months of the 2017/18 season (September-December), up almost 9% on the year. Soybean oil accounts for some 12% of Russian vegoil production against 11% a year ago.