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ODESA: Recent growth of grain prices, including increasing wheat prices, boosted corn prices. Yesterday in the commodity and stock world markets, the dynamic development of corn prices resumed. In the USA, the main driver of change is the increasing demand for ethanol.

In Ukraine, there are problems with supply shortages and logistics. Purchase prices for corn rose to UAH 7,900-8100 / t or $ 264-268 / t in ports. The cost of transportation by road and rail from inland elevators to ports increased by 30-50%, which almost stopped the supply of goods to the docks.

Producers have stopped sales in anticipation of an increased supply of vehicles, which now carry grain from the fields to the elevators. Later they will transport it to the ports, which will slightly reduce the cost of delivery.

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