Prices of corn in Ukraine fell by 150 UAH per ton. This situation can be explained by two reasons. Firstly, forecasts of harvest corn are confirmed, exceeding 20 million tons. As a result, exports could reach 10 million tons. Secondly, there are logistical problems in the Black Sea ports, namely the South and Odessa, which delays the loading of ships. The world market is dominated by more negative mood due to recent forecasts of USDA, the negative prospects for economic growth and reduced demand. Today the world markets have enough grain, leading to growth of stocks.
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