A decrease in export prices for corn is observed on the Ukrainian market. This was due to an increase in grain supply and increased sales of old crop residues. Favorable weather conditions, expectations of a high harvest and reduced demand from Turkey have an additional impact.

This was reported by the Grain Exchange with reference to Delo.ua data. According to market information, farmers are more actively selling stocks of last year's wheat and corn harvest against the background of favorable conditions for field work.

Experts note that an additional incentive for sales was the predicted precipitation, which may improve the prospects for the new crop. At the same time, demand from exporters in Black Sea ports remains quite high, which partially restrains the fall in prices.

However, the saturation of the Turkish market is gradually reducing the need for imports of Ukrainian corn. After reaching a level of about $ 230 per ton, export prices decreased slightly. Over the past week, they have fluctuated within UAH 11,350–11,400 per ton, or USD 226–228 per ton with delivery to Black Sea ports. At the same time, buyers are willing to pay more for prompt automobile deliveries.

In the first 14 days of May, Ukraine exported 876 thousand tons of corn, while in the same period last year this figure was 1.26 million tons. In total, in the 2025/26 season, exports reached 17.85 million tons against 19.8 million tons a year earlier.

The pace of the sowing campaign in Ukraine is still lagging behind last year's. As of May 12, farmers have sown 2.4 million hectares of corn, which is 55% of the projected area. Last year, 77% of the area was sown by this date, but in recent days, work has accelerated significantly due to expected precipitation.

On the world market, corn prices in Chicago remain under pressure due to favorable weather conditions for the United States planting season and expectations of a possible increase in exports to China. According to NASS Crop Progress, as of May 17, 76% of the planned area had been sown in the United States, which is in line with last year's level and above the five-year average of 70%.

July corn futures in Chicago rose only 0.5% for the week to $187.8 per tonne, although there were significant fluctuations during trading due to news about trade agreements with China.

At the same time, corn exports from the United States fell by 19% to 1.38 million tonnes between May 7 and 14. Despite this, since the start of the season, American exports reached 58.57 million tonnes, which is 28.5% more than a year earlier.

Analysts also point to high oil prices, which are supporting higher fuel and fertilizer prices. This increases farmers’ production costs and could put additional pressure on grain prices in the medium term.

At the same time, favorable rainfall in Ukraine, the United States, and southern Brazil could curb further growth in global corn prices, stabilizing the market in the coming weeks.