«In fact, corn harvesting equipment has just begun to enter the fields. According to the forecast should collect up to 30 million tons, so the whole November will be devoted to corn. As for prices — at the ports offer to buy corn in the range of about 205−210 $ / t indicative, which in UAH is 7700−7800 UAH / t on the terms of the CPT Odessa. Sometimes there are sales at 220 $/t, but it is about small volumes and fast delivery. If we need to sell 500−1000 tons, then about $ 20−210 $ / t in the port can still offer, «- said the analyst Alexei Tartakovsky.
High prices for corn are in the direction of the EU, but prices may go down in the coming weeks.
«If corn goes abroad — in the direction of Poland, Romania, Hungary, the price tags are at $ 250/t. But by the end of this month, some traders have already bought, the activity on their part will fall, and by November 7−10 the prices might go down. Plus we should take into account that the harvest is gaining momentum, so the supply of corn will be sufficient, and in the next two weeks it could put pressure on prices, which could fall to 230−240 $ / t with delivery to the border, » the analyst added.
PigUA.info by agravery.com