corn

The quota for 500 thousand tons of duty-free corn imports contributed to the increase in prices on the CIF Marmara basis, even despite the limited validity period – until July 31.

After a drop in supplies in the 2024/25 MY, Ukrainian exporters are focusing on restoring volumes in the new season.

In May, the volume of grain and leguminous crops exports from Ukraine fell more than twice compared to the same period last year.

The National Agency for Tracing and Asset Management (ARMA) successfully sold a batch of corn grain through the Prozorro.Sales system.

Analysts also predict a possible decrease in prices for Ukrainian corn.

Since the beginning of the 2024/25 MY, Ukraine has exported 35 million tons of grain and leguminous crops.

Turkey’s corn import quota, which started on May 1, is already half-filled — although it is scheduled to run until the end of July.

The decrease in demand for feed corn in Ukrainian ports led to a price adjustment, after an active increase at the beginning of the week.

Turkish importers are actively buying up Ukrainian corn, trying to catch up with the possible introduction of a new import quota with reduced duties.

The US Department of Agriculture (USDA) predicts a significant decrease in the production and export of grain crops in Ukraine.