According to the Ministry of Agrarian Policy, as of December 27th, 20.2 million tons of corn were harvested from 3.1 million hectares or 75% of the area with a yield of 6.42 t/ha. Ukraine this season exported 11.8 million tons of corn out of the USDA forecast of 17.5 million tons (10.3 million tons last year on this date). The export in December was 2.23 million tons (4.2 million tons last year), which is significantly higher than in November.
Representatives of the Russian Federation continue to artificially delay the inspection of vessels.
Thus, it increases the losses of carriers and limits purchase prices in Ukraine. As part of the “Grain Corridor”, 9 more vessels with 390,000 tons of agricultural products left the ports of Odessa for the countries of Africa, Asia and Europe. Another 22 ships are in the process of loading 860,000 tons of agricultural products. And there are already 95 vessels in the queue in the Bosphorus, while a week ago there were 86, and two weeks ago – 75, some of them waiting for permission for more than a month.
The purchase prices for corn in the ports of Ukraine increased.
Due to increased demand on the eve of the New Year holidays, the purchase prices for corn in the ports of Ukraine rose to 205-208 $/t or 7700-7800 UAH/t. However, the delay of vessels in the ports formed long queues of vehicles for 1-2 days.
Farmers continue harvesting corn, so the number of offers is still limited. The predicted increase in temperature to +4 – +9 °C will speed up harvesting.