ODESA: Corn harvesting in Ukraine will start in September. No significant price fluctuations will be observed until the actual supply of food corn of the new corn appears on the market.
Traders and processors expect the first batches of new crops to enter the market. So they have not significantly revised the previously formed price levels.
Currently, the market for feed corn remains the most stable in terms of prices. However, some companies have reported a slight increase in prices for the old harvest. Last week the purchasing prices in Ukrainian ports remained on the level 245-250 $/T.
Traders continue to fulfil their previously signed agreements. But new deals are rare, as buyers prefer to wait for a new crop.
The following reports may be of interest to you: