Purchase prices for grains in Ukraine on June 12, 2025

World corn prices continue to decline and fell to $235/t for delivery to Asian buyers in August, which continues to put pressure on prices in Ukraine. Here they are still at $222–225/t for delivery in June, but have already fallen below $196/t for the new crop.

The abolition of duty-free trade with the EU will deal a serious blow to Ukrainian exports , and if the government fails to reach an agreement before the start of sales of the new wheat and corn harvest, farmers may face difficulties in finding buyers.

A speculative 4% rise in oil prices — amid potential US sanctions or possible Israeli strikes on Iran — could temporarily curb the decline in vegetable oil prices. However, it is worth remembering that fundamentals, including rising global oil inventories, remain in place.