The interest of European buyers in Ukrainian corn is growing

Published 2024년 9월 2일

Tridge summary

European importers are experiencing tension due to the return of traders from their holidays and a lack of supply from Eastern Europe, leading to a revival of interest in corn. Traders are quoteing corn at 170-175€/t for European train shipment and $175-180/t for sea port buyers. However, supply is limited as most growers are not willing to sell until after the harvest. The latest indications are that agricultural farms in the Poltava and Cherkasy regions have started harvesting corn.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The return of traders from August holidays against the backdrop of a lack of supply from Eastern Europe is creating tension for some European importers. There is a revival of interest in corn in the direction of Europe. This is reported by Spike Brokers analysts. On the western border, corn was traded by FCA Chop at the levels of 170-175€/t with shipment by European train in October-December. In the direction of sea ports, buyers were ready to buy corn at the level of $175-180/t. Supply from growers is very limited and most are not ready to sell before harvest. The latest ...
Source: Elevatorist

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.