Prices for Ukrainian corn – at their peak
The corn market remained supported by active demand, with port prices exceeding USD 230/mt CPT Odesa – the highest level since August 2025. During the week of May 15–22, the price increased by $2.50 per ton.
Demand continues to outpace supply despite the fact that Ukraine still holds relatively large exportable corn stocks for the current season, estimated at more than 8 M mt. However, a significant share of these inventories remains inactive in the market, as producers are reluctant to accelerate sales amid rising prices.
The Ukrainian market is currently moving against global trends. International corn prices remain under pressure due to the rapid pace of planting in the US. Moreover, medium-term support could emerge from reduced corn acreage in the EU and weather-related risks affecting Brazil’s second corn crop.
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