Feed corn prices continue to be supported by competition between exporters and processors

Last week, the demand prices for feed corn in Ukraine ranged from 9100-10400 UAH/t, with the highest prices observed in the Southern region, as reported by APK-Inform. The increase in prices is due to high competition for grain, limited market offers, and dynamics on the export market. Most buyers were able to purchase corn at maximum prices, and traders were more active in buying grain at these high prices. Experts predict that the area under corn cultivation in Ukraine will expand to 4.4 million hectares by 2025, partly due to a shortage of winter crops caused by dry weather.

Last week's demand prices for feed corn were mostly within the range of 9100-10400 UAH/t with delivery to ports. This was reported by APK-Inform. The maximum demand prices were typical for the Southern region, experts noted. "The feed corn segment last week remained characterized by a further increase in prices. High competition for grain between processing and export-oriented companies, a lack of offers on the market due to restraining sales by farmers, and the corresponding dynamics on the export market continued to influence the gradual increase in prices," they explained. Most buyers reported that they most often managed to buy corn at maximum and close to them prices. It is worth noting that traders were more active in buying grain, so they were ready to pay maximum prices. Recall that experts predict an ...