Against the background of increased shipments from all Black Sea terminals, the purchase prices for corn in Ukraine continue to rise. But they still remain the lowest on the world market.
During this week, demand prices for corn in Ukraine increased again by around $5/t or €4.58/t on CPT basis. Now the price level is €135-140/t or UAH 5,850-6,000/t in Black Sea ports and €143-147/t or UAH 6,100-6,200/t in Danube ports. Producers have stepped up sales. But heavy snowfall in the south of the country has halted trucking, forcing traders to increase prices to ensure quicker vessels loadings.
Ukraine exported 2.13 million tons of corn in November 2023. This is very close to 2.25 million tons in November 2022. But in general, only 5.94 million tons of corn were exported in the season, compared to 9.3 million tons during this period last year.