Corn prices in Ukraine are falling under the pressure of falling stock market quotes
Cold weather and prolonged rains in Ukraine continue to delay the harvest of sunflower and soybeans, which will further slow down the corn harvest.
Ports have already begun receiving the first shipments of new crop corn, and traders have even slightly reduced their purchase prices.
As of September 25, only 5% of the area or 195.9 thousand hectares of corn crops were threshed in Ukraine, from which 964.2 thousand tons of grain were harvested with a yield of 4.92 tons/hectare, while last year on this date, 4.72 million tons were threshed from 23% of the area with a yield of 5.13 tons/hectare.
Export demand prices for corn decreased by 50-100 UAH/t to 9,500-9,700 UAH/t or $205-207/t with delivery to Black Sea ports during the week, as traders purchased the necessary volumes, and export sales of new batches are not yet active.
Significant sales of agricultural products from Argentina and active sales of corn from the USA are increasingly putting pressure on world markets.
December corn futures in Chicago fell 1.8% to $164/t during the week (-1.8% month-on-month, -10% year-on-year) under pressure from high harvest rates.
As of October 28, 2025, corn in the US has been harvested on 18% of the area (19% on average for 5 years), but hot and dry weather will allow harvesting to be greatly accelerated this week.
At the same time, corn exports from the United States increased by 10% to 1.527 million tons per week, and in total for the season reached 5.1 million tons, which is 52% higher than the corresponding figure last year.
November corn futures on the Paris Stock Exchange fell by 2.9% to €181/t or $212/t in a week (-3.6% per month, -20% per year) under pressure from an increase in the supply of cheap American corn, which makes it virtually impossible to supply expensive Ukrainian corn to the EU.
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