Bid prices of Ukrainian corn increased in ports despite seasonal pressure – APK-Inform

Source

APK-Inform

2301

According to APK-Inform, the bid prices of Ukrainian corn increased in the ports of the Danube and great Odesa despite the coming mass harvesting campaign and lack of storing facilities.

Stronger grain export supported the prices. Sharp appreciation of logistics costs for transportation to ports and expected stronger demand for Ukrainian corn from drought-hit Europe pushed the prices up as well.

Over the last two weeks, the bid prices of corn increased by 20-30 USD/t to 170-200 USD/t CT-port in the ports of the Danube and great Odesa.

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