According to Tallage, between February 2 and March 9, the price of corn on the world market decreased. The price of French and American crops fell to the greatest extent due to low export demand, in addition, the significant supply of Russian and Australian wheat also pushed down the price of corn - points out the Agricultural Economics Institute (AKI). They added that the immediate export price of corn produced in the USA decreased by $25 to $277/ton during the observed period. AKI's analysis reveals that in Argentina, the immediate delivery crop could be traded for $279/ton. In Ukraine, the immediate port price (FOB) of the crop fell by $20 to $208/ton at the same time. In Bulgaria and Romania, the spot market price of corn decreased by $18 to $288/ton.
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In Hungary, according to AKI PÁIR data, fodder corn changed hands at an average producer price of HUF 92.3 thousand/ton in the third week of March, which was 11 percent less than a year earlier. After signing up, the system will send a confirmation email to the specified email address. ...
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