Ukrainian Corn Prices Drop as Port Attacks Hit Trade

• Ukrainian feed corn prices are declining as Russian attacks on port infrastructure slow trade and worsen export logistics.
• Increased farmer selling and weakness in adjacent wheat and barley markets are adding further downward pressure on CPT prices.
• Stable foreign demand and strong price competitiveness of Ukrainian corn are limiting the scale of the price drop.
• Logistical risks at key ports remain the main variable that could trigger further price declines.

Market Update

A downward price trend has taken hold in the Ukrainian feed corn export market this week. The primary driver is a reduction in trade and purchasing activity caused by Russian attacks on port infrastructure and the resulting deterioration in export logistics.

Pressure is compounded by increased supply from agricultural companies looking to sell, as well as a similar bearish trend in the adjacent wheat and barley markets. Despite these factors, stable foreign demand and the strong competitiveness of Ukrainian corn have prevented a more significant price collapse.

CPT Port Price Overview (as of December 4, 2025)

Market Analysis

Market sentiment for Ukrainian-origin corn is currently bearish, driven mainly by internal and logistical factors rather than a fall in external demand. Russian attacks on port infrastructure, increased farmer selling, and broader weakness in wheat and barley are weighing heavily on CPT prices.

While strong export demand is providing a floor under the market, logistical risks at Ukrainian ports remain the key variable to watch. Any further disruptions to port operations could amplify downward pressure on local prices and extend the current bearish phase.

Source: Market Data