Category: Corn

Bullish: Ukrainian feed corn prices at ports climbed USD 3-5/t w/w to USD 215-224/t CPT on strong Turkish demand. Bullish: Turkey’s 3 MMT corn import quota with a reduced 5% duty is creating immediate buying interest in Ukrainian origin. Bullish: Ukrainian producers are withholding spot offers, tightening supply in anticipation of further price gains. Bullish:…

Bullish: Ukrainian feed corn port prices increased by USD 2/t to USD 212-220/t CPT-port on tight farmer selling and strong domestic demand. Bullish: Domestic feed corn bids remained firm at UAH 9,000-10,600/t CPT, supported by active interest from processors and traders. Bearish: Declines in related commodity markets are limiting further upside and adding mild pressure…

Russian exports to China surge: Corn shipments from Russia to China jumped 116% year-on-year to about 330,000 tons from September 2025 to mid-April 2026. Chinese import demand recovering from lows: While total Chinese corn imports dropped to 2.1 million tons in 2024/25 from 24.7 million tons in 2023/24, USDA projects a rebound to 8 million…

Policy Shift: Turkey opened a 3 million ton corn import quota from April 20 to July 31, 2025 with a sharply reduced 5% duty. Price Signal: The 125 percentage point duty discount versus the 130% out-of-quota tariff is bullish for Black Sea corn values in Q2 2025. Logistics Impact: First-come, first-served allocation and an 8,000…

Corn planting accelerates: US corn planting reached 5% by April 12, slightly ahead of the five-year average and market expectations, signaling solid 2024/25 production potential. Soybean area expands: Soybean planting is 6% complete—4 percentage points ahead of average—with total area projected up 4.3% to 84.7 million acres, pressuring global oilseed markets. Wheat conditions weaken: US…

Spring sowing at 17%: Ukraine has planted 997,000 hectares of spring grains, reaching 17% of the planned 6.003 million hectares. Corn and millet underway: Official start of the key coarse grain planting season, alongside ongoing sunflower and soybean sowing. Behind last year’s pace: Progress lags 2024 in absolute area, though completion rates are similar against…

Record exports: Global corn shipments from major suppliers reached 96.7 million tonnes in Sep–Feb 2025/26, up 7.3 million tonnes year-on-year. US gains share: US exports jumped 34% to 41.5 million tonnes, capturing demand from Asia, Mexico, and the EU amid weaker Ukrainian and Argentine supply. Brazil rebounds: Brazilian exports recovered to 31 million tonnes, with…

Price Decline: Ukrainian feed corn prices fell by UAH 100-200/t week-on-week as of April 10. Supportive Demand: Strong domestic consumption and limited farmer selling are cushioning further downside. Current Range: Prices now sit between UAH 9,000-10,600/t CPT across the Ukrainian market. Outlook: Market sentiment is mildly bearish, with export weakness offset by tight farmer supplies.…

Record Output: Argentina’s 2025/26 corn harvest is projected at 67 million tonnes, a 27.6% jump from the 2023/24 peak of 52.5 million tonnes and above the prior 62 million tonne estimate. Crop Shift: Around 200,000 hectares were shifted from soybeans to corn, cutting soybean area to 16.2 million hectares while keeping the soybean crop forecast steady at 48 million tonnes. Global…

Feed corn bid prices in Ukrainian ports eased by USD 1-2/t week-on-week to USD 208-218/t CPT, tracking weaker global grain markets. Buyer urgency has softened as exporters have largely covered existing contracts, reducing immediate procurement pressure. Farmer selling remains limited ahead of holidays, constraining physical supply and keeping the bid-ask spread relatively narrow at USD…