There is no demand for Ukrainian corn in deep-sea ports

In connection with the approach of the expiration of the "grain corridor", buyers for Ukrainian corn have completely disappeared, which is connected with the reluctance to take additional risks on the terms of FOB - the ports of Great Odesa. This is reported by Spike Brokers analysts. All liquidity of sellers and buyers focused on conditions delivered to the buyer CIF by water or DAP by land vehicles. Prices continued to decline on the background of the approaching harvest from South America and good prospects for corn planting in the United States. New crop corn is trading at $250-$255 FOB equivalent with November-December shipment. The latest indications of buyers: • DAP Ukraine (ports) ~$195-205; • DAP Poland (border) ~$195-200; • DAP Poland (port) ~250-254€; • DAP Poland (ex.) ~225-230€; • CIF Romania (port) ~$265-275; • DAP Slovakia ...