China continues to actively buy Brazilian corn, while interest in Ukrainian corn remains low.In the current 24/25 MY (September–February), exports to this country are only about 120 thousand tons, which is 20 times less than last year. And so far there are no signs of demand growth due to the competitiveness of Brazilian corn.On the domestic market, corn prices continue to grow against the backdrop of active demand from buyers.
Over the week, prices for the old crop in the ports of Odessa rose to $234–236/t DAP. The new crop has not changed – $204–206/t DAP ports.Latest indications from buyers, 2024 crop:
• DAP Ukraine (Odesa) ~$234-236;
• FCA Ukraine (border) ~185-190€;
• DAP Italy (north-east) ~225-230€;
• DAP Germany (north-west) ~220-225€;
• DAP Netherlands (south) ~225-227€.
Latest indications from buyers, harvest 2025: • DAP Ukraine (Odesa) ~204-206$;
• DAP Germany (north-west) ~208-210€;
• DAP Netherlands (south) ~210-213€.
Recall that corn has become the most exported commodity from Ukraine.
Source: https://agrotimes.ua/agromarket/cziny-na-kukurudzu-vyrosly-do-234-236-t/
