corn

Ukraine has sent a cargo of corn to Algeria for the first time since 2023. As part of the cooperation, four ships with 122 thousand tons of grain were shipped.

The main export volume has traditionally been corn, while overall shipment figures remain below last year’s levels.

The State Statistics Service of Ukraine has identified more than 2 million tons of unaccounted grain harvest for 2022-2024.

The geography of Ukrainian exports is increasingly concentrated in the Mediterranean region, which directly affects port loading.

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.