DOI: 10.55186/25876740_2026_69_3_395 ISSN: 2587-6740

Global soybean market: production transformation and foreign economic prospects of the Russian Federation

Ilia Aksenov, Grigory Trunin, Maxim Fabrikov, Nadezhda Khrustaleva, Karina Nazvanova, Ivan Roshchin

This article presents a comprehensive analysis of the current state and development trends of the global soybean market, with a focus on assessing the export potential of the Russian Federation. It examines long-term changes in soybean production volumes, the transformation of the structure of leading countries, and the dynamics of harvested acreage at global and national levels. Particular attention is paid to the factors determining the sustainable growth of soybean demand, including the development of livestock farming, the expansion of food and industrial use of soybean products, and the impact of climatic and geopolitical conditions. The paper analyzes structural changes in the Russian soybean industry, including regional production specialization, the introduction of modern agricultural technologies, the growing share of domestic breeding, and the development of processing capacities. A separate section of the study is devoted to foreign economic aspects: the geography of global soybean exports and imports, the positions of key exporting countries, the characteristics of international competition, and the role of trade and economic agreements. The article also assesses consumer trends in global markets, including demand from the feed, food, and bioenergy industries, as well as the growth of non-GMO and organic products. Based on this analysis, conclusions are drawn regarding Russia's current position in the global soybean market and ways to improve its export competitiveness in the face of sanctions and a changing global environment.

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