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Domestic corn prices in Ukraine are falling

23.10.2024 10:18

 Last week, the feed corn sector saw a downward price trend. This was a reaction to the export market situation.

Ukraine is also in the midst of a harvesting campaign, which has contributed to a slight decrease in prices. However, high demand from traders and a shortage of supply due to sales restrictions from farmers continued to support prices.

During this period, demand prices for fodder corn decreased by 100-200 UAH/t and were mostly fixed in the range of 7,900-9,100 UAH /t СРT.

According to the Ministry of Agrarian Policy of Ukraine, as of October 17, 13.187 million tons of corn were harvested from 2.37 million hectares (59% of the planned) with a yield of 55.7 q/ha.

Source: Agronews.ua

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