- Feed corn prices in Ukraine fell by UAH 100-200/ton over the week, settling at UAH 8,400-9,700/ton CPT as of December 12.
- Weak export demand, ample domestic supply, and moisture-related quality deterioration are driving the bearish price trend.
- Lower-quality, high-moisture corn is facing additional discounts, limiting buyers’ willingness to pay and undermining export competitiveness.
- The UAH 8,400-9,700/ton range may act as near-term support if grain quality stabilizes or fresh export demand emerges.
Market Update
Ukrainian feed corn prices continued to decline over the past week, with traders reporting reductions of UAH 100-200 per ton across the domestic market. As of December 12, prices were mostly quoted in the range of UAH 8,400-9,700 per ton on a CPT basis, reflecting broad-based weakness in both physical buying interest and sentiment.
The downward movement is being driven by a combination of weak export market conditions and increased grain availability within Ukraine. Export channels remain under pressure, limiting the ability of sellers to secure higher-paying offshore demand. At the same time, rising domestic supply has intensified competition among sellers, reinforcing the negative price trend.
Quality issues are adding another layer of pressure. Elevated moisture levels in much of the corn offered to the market are resulting in quality downgrades and additional price discounts. Buyers are increasingly cautious about paying premiums for grain that requires extra drying or carries storage risks, further capping achievable price levels.
Price Overview
| Commodity | Price Range (CPT, UAH/ton) | Weekly Change (UAH/ton) | Market Tone |
|---|---|---|---|
| Ukrainian Feed Corn | 8,400–9,700 | -100 to -200 | Bearish |
Analysis
Bearish. The convergence of soft export demand, ample domestic supply, and deteriorating grain quality is creating a challenging environment for Ukrainian corn sellers. High moisture content is particularly problematic, narrowing the pool of interested buyers and forcing additional discounts on already pressured prices.
Until supply-demand fundamentals improve, either through stronger export interest or a slowdown in domestic offerings, further downside risk cannot be ruled out. However, the current UAH 8,400-9,700/ton CPT range may begin to form a near-term support zone if quality stabilizes and any pickup in export inquiries materializes.
Source: Market Data
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