Source: Ukragroconsult (Ukraine)
Ukrainian corn will enjoy crazy demand in the EU and it will not subside.
Commercial director of Spike Brokers Oleksandr Solovey told about it in his column in The Ukrainian Farmer magazine.
According to him, now Europe imported Ukrainian grain by more than 5% more than in the past. Although in the total, our share remains stably at 55%.
“In the increase in the volume of corn exports to the EU add optimism to the problem with the harvest of grain in certain regions of Europe. In spring, the EU countries, guided by the real losses, will begin to more carefully realize the needs for corn and the volumes that will need to be purchased abroad. This will support demand for Ukrainian corn, because at the moment the only available market on the European continent has a blue-yellow flag color”, – said Alexander Solovey.
The specialist specified that from April the supply of corn from Argentina and later from Brazil will start. It will lead to price correction in spring.