Corn demand prices in Ukrainian ports fell under pressure from increased supply

The increase in prices and short-term improvement in logistics contributed to the intensification of corn supplies to ports, which allowed traders to purchase the necessary volumes and reduce purchase prices.

During the week, export demand prices for corn in Ukraine fell by $1-2/t to $211-212/t or UAH 10,300-10,350/t with delivery to Black Sea ports, as world corn prices remain under pressure from increased supply.

In the first 15 days of February 2026, Ukraine exported over 1.7 million tons of corn, which is 42% higher than the same figure in January 2026 and 41% higher than the corresponding figure in February 2025.

Brokers at Spike Brokers believe that further price dynamics for Ukrainian corn will depend on market competition and the volume of the new crop from South America.

Currently, Argentine corn for delivery in April-May is $15/t cheaper than Ukrainian corn. At the same time, corn prices in Ukraine are gradually decreasing, as logistics remain stable and port infrastructure is operating without load. Compared to last week, trader activity has decreased, and prices have fallen by $1-2/t.

Weather in Brazil is conducive to planting a second crop of corn, and rainfall in Argentina is reducing drought in corn crops, which gives hope for a good harvest in South America.

But Ukrainian farmers may wait with sales until June – July in the hope that prices for Ukrainian corn will increase in the event of adverse weather conditions in the US or South America.

Tags: Ukraine, corn, prices