News

Ukrainian corn is falling in price

Maize (Corn)
Ukraine
Published Mar 31, 2022

Original content

Prices for Ukrainian corn continue to fall in all directions. This is evidenced by data from analysts at SPIKE BROKERS. The supply of corn significantly exceeds the demand in all directions. In the direction of DAP Constanta (Romania) trades recorded a decrease in levels to 311 € / t with delivery in April-May. DAP Polish border traded at $ 255-263 / t with April-May delivery. Domestic processing in Ukraine paid 7000-7200 ₴ / t DAP plant. Wheat was mainly purchased by processing plants - mills at the levels of 8200 - 8700 ₴ DAP mill for food. Export demand towards the border is limited. Soybeans remain unchanged at $ 730-750 DAP delivered to a plant in Romania. Sunflower traded at $ 795- $ 835 DAP delivered to Romania for 47-48% oil. The offer is quite significant. Given the limited domestic processing, the sunflower market needs to remove the export duty on sunflower during the war Sunflower oil traded at € ...
Source: Landlord
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