Demand for Ukrainian export corn is growing

Since the middle of last week, demand has exceeded supply on the export market for feed corn, which has pushed prices up.

As of January 21, Ukrainian corn quotes have increased by $2–3/t. APK-Inform повідомляє reports this.

In the ports of Great Odesa, demand prices reach $203–210/t CPT-port, on the Danube — $200–208/t CPT-port. Market support is formed by the predominance of demand over supply and exchange rate fluctuations.

At the same time, growth is restrained by low export rates, tough competition on foreign markets against the backdrop of large global supply, as well as military risks that overload logistics, limit grain acceptance and complicate the work of ports.

The day before, USM wrote that the IMC agroholding reduced corn exports due to attacks on ports.