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Prices for Ukrainian Corn Towards the EU Decrease
According to APK-Inform news agency, the prices of feed corn on the western borders of Ukraine decreased slightly last week.
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Ukrainian corn and wheat towards the EU all getting cheaper
Demand prices for Ukrainian corn and wheat with delivery to western borders at most European destinations and ports have been falling since early December.
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Wheat prices continued to fall
Wheat prices continued to fall after finding no support in the December WASDE report. This was reported by Barva Invest analysts.
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The price of corn may fall in the next two weeks
Ukraine has begun harvesting corn. As the harvest campaign gathers momentum in the next two weeks and a high supply of grain can be expected, export prices could temporarily drop to $ 230/ton/. for farmers.
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Corn exports from Ukraine to the EU increased by more than 50%
According to the data at the disposal of analysts of IA "APK-Inform", after 11 months of 2021/22 MY 24.9 million tons of corn was shipped from Ukraine to the foreign market, which is 5% more than in 2020/21 season. (23.7 million tons).
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USDA significantly increased corn production and export forecast for Ukraine
On August 12, 2022, the U.S. Department of Agriculture (USDA) updated its global forecast for the balance of major crops for the 2022/23 marketing year.
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Corn is Ukraine's main grain export in June
According to operational data of the State Customs Service, as of June 8 from the beginning of 2021/22 MY (July 1) Ukraine exported 47.281 million tons of grain and leguminous crops. This was reported by the press service of the Ministry of Agrarian Policy of Ukraine, writes APK-Inform.
