Corn prices in Ukraine are growing after the world
In Ukraine corn prices continue to rise. The main factor is the limited number of proposals from the manufacturers. Ports for corn offer 154-156 $/ton or 4900-4970 UAH/ton, the domestic grain elevators – 4450-4600 UAH/ton.
the Main increase in the price of corn occurs in the hryvnia equivalent due to the devaluation of the hryvnia to 27,10-of 27.15 UAH/$ and reduce to the minimum the traders ' margin.
Projections of a record corn crop in Brazil is currently on the Chicago exchange is not such a significant impact, as the increase in the consumption of grain from manolovo industry. Therefore, on the stock exchange in Chicago corn prices continue to rise and reached the level 150,49 $/ton.
Despite the fact that the European Commission has increased its estimate of corn production in season 2017/18 MG to 66.6 million tonnes against 60 million tonnes in the current season, prices on corn on Euronext continues to grow. Now for deliveries in June, they amount to 177 euros/ton, for deliveries in November – 174,25 Euro/ton.