Finding buyers for Ukrainian corn is becoming increasingly difficult

Published 2023년 3월 6일

Tridge summary

Argentine corn crop is deteriorating, leading to a rise in corn prices with the May corn contract on the Chicago Stock Exchange increasing by $0.06/bu to $6.39/bu. However, the May Black Sea corn contract remained unchanged at $258.0/t. The corn prices on the Ukrainian market are decreasing due to a decrease in market activity and a significant supply of corn, making it difficult to find buyers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Corn prices showed gains, getting some support from further deterioration in Argentina's corn crop. Barva Invest analysts report this in their own Telegram channel. In particular, the May corn contract on the Chicago Stock Exchange (ZCK3) rose by $0.06/bu to $6.39/bu. The May Black Sea corn contract (BCFK3) remained unchanged at $258.0/t. Corn prices on DAP port terms are $197/t, and on DAP Izov terms are $195-200/t Activity on the Ukrainian market continues to decrease. It is becoming ...
Source: Agrotimes

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