Stability of export prices for Ukrainian wheat and corn is an important indicator in the agricultural market

The stability of export prices for Ukrainian wheat and corn is an important indicator in the agricultural market. According to the latest data from the Agricultural Commodity Exchange (CBOT) in Chicago and information from Barva Invest, wheat prices lost $1.2/ton to reach $204.7/ton amid the lack of significant support factors. At the same time, on the EURONEXT exchange in Paris, prices remained stable at $219.5/ton.

Export prices for 11.5% of the grain on the Ukrainian market remained almost unchanged, mostly holding at previous levels. Due to slower trade activity due to the European Union's holidays, they are currently at $171/ton for DAP Danube ports and $168 to $173/ton for DAP deepwater ports.

As for corn, the May CBOT futures also fell slightly by $2.7/ton to $171.3/ton. This was the result of a partial decline in the previous growth and occurred against the backdrop of the start of the sowing campaign in the United States. At the same time, the June corn futures on EURONEXT remained at the same level - 208.5 $/ton.

Currently, the prices for Ukrainian corn are almost unchanged, and the maximum price levels are mainly offered by companies with unreliable reputation. According to the data, the grain is traded at DAP-Danube ports for 156-162 USD/ton, and at DAP-deepwater ports - for 152-158 USD/ton.