corn

In February, Ukraine exported 5 million tons of agricultural products – 0.3% more than in the same period of the previous month.

In February, Turkey imported almost 38% of all shipped Ukrainian corn.

Traders have mostly already formed export batches, and the supply from farmers has increased due to the need for working capital.

Against the backdrop of weather problems in Brazil and Argentina, importers’ interest in Ukrainian grain is growing.

Prolonged cold weather has complicated auto logistics, farmers are postponing shipments, and the supply shortage is pushing prices up.

Prices are being pushed up by demand from Turkish buyers and logistical disruptions.

At the start of the year, farmers held back sales, logistics were hampered by weather and shelling, and port disruptions created a grain shortage.

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

The export rate of Ukrainian agricultural products is lagging behind by 31.5% compared to the same period last year.

Against the backdrop of disruptions in sea shipments, feed corn indicators on the FOB Black Sea basis have decreased by another $1–3 per ton.