Corn prices in Ukraine remain high, although they have fallen sharply in Chicago

Published 2025년 11월 26일

Tridge summary

Favorable weather for sowing soybeans and corn in South America is boosting sales of old-crop corn, which is increasing competition with American corn on international markets and leading to lower quotes in Chicago. In Ukraine, export prices for corn for January delivery are also declining, but a supply shortage is supporting high prices for spot

Original content

deliveries to the port in December. As of November 20, 20.836 million tons of corn were harvested from 3.118 million hectares or 71% of the area in Ukraine, with a yield of 6.68 tons/hectare, while last year at this time 23.623 million tons were harvested from 94% of the area, with a yield of 6.4 tons/hectare. This confirms the harvest forecasts at 31-32 million tons. In Ukraine, export demand prices for corn increased by another UAH 50/t to UAH 9,950-10,050/t during the week, primarily due to the strengthening of the dollar exchange rate on the interbank market, but prices in foreign currency remained at $209-210/t with delivery in November-December to Black Sea ports, while for deliveries in January, the price offered is $207-208/t. The lack of sufficient vehicles (due to a lack of drivers) increases the cost of transportation to ports, so some manufacturers have decided to increase deliveries in January-March, when logistics will be better. Now, due to constant attacks by ...

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