Currently, there is no such demand for grain that could influence the growth of prices — expert

Ahead of the New Year holidays, the market traditionally enters a phase of calm. Hardly any activity should be expected at least until mid-January. At the same time, it should be understood: a significant part of buyers are already contracted in certain countries up until March. Therefore, there is currently no demand that could become a driver of price growth. This is reported by Latifundist.com with reference to the words of Mykola Gorbachev, president of the Ukrainian Grain Association (UZA). "The most vulnerable crop now is corn. Global production has increased, particularly in the USA, and the supply is large, but there is no additional demand for such volumes. At the current export rate of 2.5–3 million tons per month, we risk ending the season with transitional reserves at the level of 4–5 million tons. Individual shipments, for example, the recent vessel to China, do not change the situation. If it were 10 vessels, then we would see a revival. But 58 thousand tons is ...