Corn is becoming cheaper on the export market of Ukraine

Grain & Cereals

Published Aug 27, 2024

Tridge summary

The article highlights a decrease in the purchase prices of fodder corn in Ukraine's ports, with a drop of 2-5 USD/t in the Greater Odesa ports and 4-5 USD/t in the Danube ports. This decline is attributed to a similar trend on foreign markets and anticipation of new harvest offers at lower prices, leading to the current prices being announced in the range of 173-180 USD/t CPT-port in Greater Odesa, and 178-185 USD/t CPT-port in the Danube ports as of August 26, 2024.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to IA "APK-Inform", since the beginning of last week, the purchase prices in the fodder corn sector have been decreasing in the ports of Ukraine. Mainly pressure on demand prices was exerted by a similar situation on foreign markets. In addition, the downward trend was facilitated by low trading and purchasing activity against the background of expectations of new harvest offers at lower prices. Thus, in the ports of Greater Odesa, the purchase prices for fodder corn decreased by 2-5 USD/t and as of August 26, 2024, ...

Source: Agravery

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