Demand is recovering on the corn market in Ukraine

Published 2023년 3월 30일

Tridge summary

China's continued purchase of US corn is supporting the corn prices in the market, according to Barva Invest analysts. Despite the gradual recovery in the Ukrainian market, the demand remains low compared to the available supply. The May corn contract on the Chicago exchange is currently $6.50/bu, and the May Black Sea corn contract is $253.75/t.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Corn prices continue to receive support from China's steady purchases of US corn. Barva Invest analysts report this in their own Telegram channel. Activity on the Ukrainian market is gradually recovering, but the amount of available demand is still very small compared to the available supply. May corn contract on the Chicago exchange (ZCK3) - $6.50/bu (+0.03 $/bu); the May Black Sea corn contract (BCFK3) – ...
Source: Agrotimes

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