Egypt will increase the demand for Ukrainian corn amid the reduction of acreage
In 2024, the acreage under corn in Egypt may decrease, and farmers will pay more attention to growing cotton seeds, Atria Brokers reports.
This may lead to an increase in demand for imported corn from Egyptian buyers, namely Ukrainian production, analysts say.
Ukraine exported 2.6 mln tonnes of corn to Egypt in October-April of 2023/24 MY, compared to less than 1 mln tonnes in the same period of the previous season.
As of May 29, Ukraine exported 26.2 mln tonnes of corn in the current season.
Read also
AgriSupp Update: Export Data for 36 Countries Now Available!
Thai rice exports fall 12% amid geopolitical disruptions and weather risks
Palm oil prices could reach $1,500 per tonne in the second half of 2026
Ukraine estimates agricultural losses rrom Russian strikes at $11 bln
Jordan purchases 60 thsd tons of wheat in tender
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon