Corn prices in Ukraine rose to $195-200/t with delivery to the port

Published 2023년 3월 29일

Tridge summary

Corn traders in Ukraine are actively purchasing the crop, leading to a surge in prices to UAH 7,700-7,900/t or $195-200/t for deliveries to ports, and UAH 6,500-7,100/t for deliveries to processors at the factory. This is due to anticipated spring price increases and concerns over a reduced harvest in Argentina. Furthermore, the weather conditions in April and May in Brazil could also impact global corn prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Ukraine, traders are gradually resuming the purchase of corn, as a result of which prices have risen to UAH 7,700-7,900/t or $195-200/t with delivery to the port or UAH 6,500-7,100/t with delivery to processors at the factory. This is reported by the analysts of the electronic grain market GrainTrade. Farmers who did not sell corn at the price of $205-210/t continue to hold back sales in anticipation of a spring price increase amid a reduced harvest in Argentina. In ...
Source: Agrotimes

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