Ukrainian Forage Corn Prices Plummet Amid Logistical Challenges
The price of forage corn in Ukraine has been trending downwards since the start of the week, according to experts from IA 'APK-Inform'. This downward trend is attributed to a complex of logistical, trade, and exchange factors affecting the corn market. The export of corn from Danube ports is hindered by military shelling, shallowness, bureaucratic delays, and transit restrictions.
At the western borders, the capacity for transporting grain is completely exhausted due to a shortage of available transport and congestion of European infrastructure with local grain. Additionally, weak demand has complicated the price situation, as buyers have covered their immediate needs and expect further reductions in prices.
The increasing supply of corn due to the arrival of a new harvest and high internal stocks has forced prices down. The negative trend is also reinforced by the decline in global exchange quotations and overall uncertainty in international trade.
As of September 30, purchase prices for forage corn in Danube ports range from $168-177 per ton CPT-port, which is 1-2 USD/ton lower than at the end of the previous week. Demand prices often range from €160-165 per ton with delivery in October-November and €170-175 per ton with delivery in January-February 2027, which is 4-5 EUR/ton lower than last week.