- Ukrainian feed corn prices rose by UAH 100-200/t this week due to limited availability.
- Strong competition between domestic processors and exporters continues to support the market.
- Declining crop quality, stemming from high moisture content, is further tightening supply.
Ukrainian Corn Prices Climb Amidst Tight Supply and Quality Concerns
Feed corn prices in the Ukrainian domestic market have increased this week, driven by several supportive factors. Strong competition between local processing plants and export-oriented companies for limited stocks is underpinning the price rise.
Market participants report insufficient supply from producers, logistical challenges, and deteriorating grain quality due to high moisture levels. As of November 28, CPT (Carriage Paid To) bid prices for feed corn have firmed, reflecting these tight conditions.
| Commodity | Price Range (CPT) | Weekly Change |
|---|---|---|
| Feed Corn | UAH 8,700-9,900/t | +100-200/t |
Analysis
This development is bullish for the local Ukrainian corn market. The combination of constrained supply, robust domestic demand, and quality issues suggests that prices will likely remain firm. Exporters may face challenges in accumulating significant volumes at current levels, potentially impacting the pace of shipments and putting upward pressure on export quotations from the Black Sea region.
Source: Market Data
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