According to APK-Inform, bid prices of corn increased at Ukrainian western border last week.
The prices were supported by concerns about poor European corn harvest this year amid drought. Stronger export of Ukrainian corn via unblocked seaports and high logistic costs pushed the prices up too.
The bid prices for delivery in September-October increased to 225-240 EUR/t DAP at the border with Poland, Romania, Hungary and Slovakia, they reached 330-320 EUR/t DAP for delivery to Greece. The highest gains was observed at Polish borders amid better situation with rail transportation.
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