The stable operation of Ukrainian ports affected the export of corn
Ukraine increased corn exports to China thanks to the relative stabilization of deep-sea ports.
Ukraine increased corn exports to China thanks to the relative stabilization of deep-sea ports.
The price of Ukrainian corn in the Black Sea on FOB decreased significantly over the past week.
Analysts have estimated that the export of corn from Ukraine in the 2022/23 marketing year will amount to 23 million tons.
Market participants expect a shortage of corn in the first quarter of 2023. This will be affected by a reduction in supplies in Brazil, a weak harvest in Argentina and a slow pace of supplies from Ukraine.
The South Korean company Major Feedmill Group (MFG) excluded grain of Ukrainian and russian origin from the tender.
As a result of the uncertainty regarding the Grain Corridor, Ukraine has increased the volume of corn exports by rail and road transport.
Last week the prices for corn from Ukraine in most export directions began to decrease.
The Cabinet of Ministers has abolished the licensing of exports of corn and sunflower oil.
Since the beginning of the 2021/2022 season, Ukraine has exported 12.1 million tons of corn.
Since the beginning of the year, prices for Ukrainian wheat and corn have stabilized.
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