Category: Corn

South Korea’s Major Feedmill Group (MFG) secured 135,000 tons of feed corn for July delivery, reaching 64% of its 210,000-ton tender target. Average purchase price was about $250.89/ton C&F plus $1.50/ton port surcharge, with volumes sourced from the US, South America, and South Africa. Contracts were awarded to Mitsui and Cargill for early July arrival,…

Export Growth: Ukraine’s corn exports for 2025/26 are forecast at 23.8 million tons, up 8.3% year-on-year. Production Recovery: Corn harvest is projected at 29.9 million tons, an 11.2% increase but still 6.8% below the five-year average. Firm Feed Demand: Domestic consumption is estimated at 6.2 million tons, with 5.2 million tons going to animal feed.…

Turkey’s TMO secured 350,000 tons of feed corn in its February 26 tender, with 300,000 tons drawn from customs warehouse stocks and 50,000 tons sourced via CFR imports. Price spread favors imports on cost: domestic EXW warehouse corn was priced at $250.9–$252.7/ton, versus $243.4–$243.9/ton CFR for imported volumes. Neutral to slightly bearish signal for Black…

Prices Firming: Feed corn values at Ukrainian ports edged higher on recovering export demand and disciplined farmer selling. Port Bids: Greater Odessa bids reached USD 207–214/t CPT, with Danube ports at USD 206–212/t CPT as of February 25. Hryvnia Gains: Domestic prices rose by UAH 100–150/t, pushing CPT Odessa levels to UAH 10,000–10,600/t. Sentiment: Market…

Domestic strength: Ukrainian feed corn prices rose to UAH 9,000–10,300/t CPT on tight farmer selling and strong demand from traders and local consumers. Export weakness: Port prices slipped by USD 3–4/t to USD 207–214/t CPT-port, signaling softer international demand and limiting further domestic gains. Market Update Ukraine’s feed corn market extended its upward trend last…

Deal Secured: South Korea’s FLC booked 132,000 tons of feed corn via an international tender for June 2026 delivery. Price Range: Corn was purchased at $244.99–$245.97 per ton C&F, with additional unloading charges of $1.25–$1.50 per ton. Flexible Origin: Tender allowed corn from any origin, intensifying competition between Black Sea and South American exporters. Market…

Corn acreage cut: U.S. corn plantings are projected to fall 4.8 million acres to 94 million in 2026, down from an 89-year high in 2025. Shift to soybeans: Soybean area is expected to rise from 81.2 million to 85 million acres, supported by renewable fuel demand. Strong output despite cuts: 2026 corn harvest is still…

Corn acreage cut: USDA projects U.S. corn plantings to fall 4.8 million acres to 94 million in 2026, from an 89-year high in 2025. Soybean expansion: Soybean area is forecast to rise 3.8 million acres to 85 million, driven by strong domestic renewable fuel demand. Near-record crops: Corn and soybean harvests are projected at 15.755…

Prices Ease: Feed corn bids at Ukrainian ports fell by USD 1-3/t week-on-week as of February 18 after a prior upward move. Demand Pause: Most traders have already completed export consignment formation, curbing short-term grain purchasing. Farmer Selling: Producers increased corn offers to replenish working capital, mainly in small-tonnage lots, tempering but not flooding supply.…