Prices for Ukrainian corn have fallen significantly

Export corn prices are down $15 a ton from last week.

Corn prices fell against the backdrop of the suspension of grain exports to Eastern European countries. Thus, the majority of exporters in Ukraine reoriented to Italy and Spain. This was reported by Spike Brokers analysts.

On average, prices for shipping corn from ports on DAP terms are $175-180 per ton. The cost of shipping from Danube ports is $195-200/ton. Shipments from Danube ports on FOB terms reach $215-220/ton.