The offer price of Ukrainian corn as of October 11 of this year increased by approximately $ 8 – to $ 283 / t FOB Nikolaev with delivery in October against $ 275 / t at the end of last week. Offers for November delivery were at $ 280 / t FOB Nikolaev.

This is reported by Refinitiv Agriculture in its Telegram channel.

"Grain harvesting is still going on at a slow pace and the number of offers is insufficient for the next month of delivery," analysts say.

According to the Ministry of Agrarian Policy, as of October 7, farmers harvested 4.17 million tons of corn from 786 thousand hectares, which corresponds to 14% of the 5.5 ml planned for harvesting. ha. 7% was removed last week. The yield was 5.3 t/ha against 5.22 t/ha last week. On the same date last year, about 5 million tons were harvested from 1.1 million hectares (20%) with an average yield of 4.57 tons / ha, experts added.

Agroportal