Prices for Ukrainian maize bound for Europe rose to EUR 178-180 per tonne

Source: Ukragroconsult (Ukraine)

Prices for corn bound for Europe have risen to the level of €178-180 per ton on terms with loading into a euro wagon. This is reported by the analyst firm Spike Brokers.

Ukrainian corn receives a premium over corn from Eastern Europe, which gives producers in western Ukraine a favorable alternative for marketing and export compared to seaports.

Buyers heading to seaports purchased grain for October at USD 185-187 per ton. The premium for the following months was up to 2 US dollars per ton per month.

Last indication to buyers:

• DAP Ukraine (Odessa) ~ 185-187 US dollars;
• FCA Ukraine (border) ~ 178-180 Euro;
• DAP Germany (East) ~ 205-210 Euro;
• DAP Italy ~ 218-222 Euro.