- Ukrainian feed corn prices jumped UAH 100-400/t week-on-week as of May 15, with southern region levels peaking at UAH 11,400/t CPT.
- Strong domestic and export demand, combined with limited farmer selling, is driving a bullish short-term outlook.
- The UAH 700-1,700/t premium in the south underscores regional supply tightness linked to access to export infrastructure.
Market Update
Feed corn prices in Ukraine continued to climb through mid-May, supported by firm demand and constrained supply. As of May 15, domestic demand prices for feed corn largely ranged between UAH 9,700-10,500/t CPT across most regions, according to APK-Inform. The southern region commanded a clear premium, with prices reaching UAH 11,400/t CPT.
Week-on-week, prices gained UAH 100-300/t in most locations, with some markets registering increases of up to UAH 400/t. The appreciation reflects ongoing tightness in available supply as farmers remain reluctant to release grain amid favorable price dynamics and expectations for further gains.
Market participants report sustained strong interest from domestic consumers, while firm export demand is adding another layer of support. The combination of internal and external buying is keeping competition for limited volumes elevated.
Price Overview
| Region / Indicator | Feed Corn Price (UAH/t, CPT) | Weekly Change (UAH/t) |
|---|---|---|
| Most regions (range) | 9,700 – 10,500 | +100 – +300 |
| Southern region | 11,400 | Up to +400 |
| Spread: South vs. lower end of range | 1,700 | n/a |
| Spread: South vs. upper end of range | 900 | n/a |
Market Analysis & Sentiment
Market Sentiment: Bullish
The pronounced week-on-week price gains point to a structurally tight balance in the Ukrainian feed corn market. Limited farmer selling suggests producers are either strategically holding back stocks in anticipation of further upside or have already drawn down inventories. The UAH 700-1,700/t spread between standard regional prices and the southern premium highlights localized supply shortages and the value of proximity to export logistics.
Export market strength is reinforcing domestic demand, intensifying competition for available volumes. Traders should closely monitor farmer marketing patterns and the pace of exports, as a sudden increase in selling or a slowdown in shipments could cap further price appreciation. For now, the prevailing dynamics support a bullish near-term view for Black Sea corn values.
Source: Market Data
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