- Mildly bullish: Strong export demand and limited farmer selling are supporting a gradual increase in Ukrainian feed corn prices.
- Restraining factors: Port slowdowns, infrastructure damage, and ongoing military risks are capping further upside in prices.
- Export-driven strength: Feed corn remains the most actively exported crop, as exporters seek volumes to cover previously concluded contracts.
Ukrainian Feed Corn Market Update
Feed corn retained its position as Ukraine’s most actively exported crop this week, supported by strong exporter interest in securing volumes to fulfill earlier contracts. Exporters increased purchase bids to attract more offers from agricultural producers, with competition among buyers providing firm underlying support for prices.
Farmer selling remained limited, as many producers continued to hold stocks in anticipation of potentially higher prices. This constrained supply at origin added upward pressure to the market, helping push port bids modestly higher compared with the previous week.
Port Prices and Weekly Changes
| Location | Commodity | Price Range (USD/t, CPT) | Weekly Change (USD/t) | As of Date |
|---|---|---|---|---|
| Greater Odessa ports | Feed corn | 200–209 | +1 to +2 | 7 January 2026 |
| Danube ports | Feed corn | 198–207 | +1 to +2 | 7 January 2026 |
As of January 7, 2026, feed corn bid prices in Greater Odessa ports moved up to 200–209 USD/t CPT, while Danube port bids reached 198–207 USD/t CPT. Both regions registered a 1–2 USD/t increase week-on-week, reflecting firm export-led demand despite ongoing logistical challenges.
Logistics, Risks, and Market Constraints
Upside in corn prices remains limited by port operational slowdowns, persistent logistical bottlenecks, and damage to export infrastructure. The continuing military confrontation with the Russian Federation sustains a high-risk environment for grain movement, constraining throughput at key export corridors and preventing a stronger rally.
While the market tone is mildly bullish due to tight supply and robust export interest, these operational and geopolitical headwinds form a ceiling on price appreciation. Any improvement in port efficiency or risk perception could unlock additional upside, but conversely, a pickup in farmer selling would likely exert early pressure on prices even if export demand stays firm.
Trading Outlook
Overall sentiment in the Ukrainian feed corn market can be characterized as mildly bullish. The current 1–2 USD/t price gains are grounded in genuine demand fundamentals rather than speculative moves. Traders should closely track changes in farmer marketing behavior and logistics performance, as a shift in either could quickly alter the balance between tight supply and strong export demand.
Source: Market Data
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