Grain prices at Ukrainian ports continue to fall

Export corn on CPT Odesa terms fell to $228/t, while wheat prices remained unchanged.

Export prices for grains at Ukrainian ports as of June 2 remained under moderate pressure. Spike Brokers reported reported this.

Corn CPT Odesa is fixed at $228/t (-$1 per day). Food wheat 11.5pro — $221/t, feed — $217/t, both without daily change. The spread between qualities remains narrow — $4/t.

In the oilseeds segment, GMO soybean is traded at $500/t with VAT (-$1), sunflower — $739/t with VAT (-$3).

Recently, USM wrote that the Government has simplified the mechanism for exempting agricultural producers from export duties on soybeans and rapeseed.