Ukraine increased corn exports in April

In April 2026, Ukraine shipped 2.688 million tons of corn, which is 8% more than in March (2.503 million tons). This was reported by analysts at Spike Brokers.

In total, since the beginning of the marketing year (October 2025 – April 2026), corn exports reached 15.91 million tons.

“The April volume was one of the highest in the current season and confirmed that Ukraine maintains an active presence in the Mediterranean and Middle Eastern demand even against the backdrop of high competition from South America,” the report says.

The main buyer in April was Turkey — 1.017 million tons (almost 38% of all exports). Other key destinations include Italy with 353,000 tonnes, Spain with 284,000 tonnes, Tunisia with 159,000 tonnes, Israel with 155,000 tonnes, Libya with 151,000 tonnes, the Netherlands with 129,000 tonnes and South Korea with 102,000 tonnes.

“The external price backdrop for corn remained constructive. On the CBOT, the July contract held near the top of its recent range, while the December contract tested the psychological $5.00 level,” analysts at Spike Brokers said.

The stock market was supported by expectations of lower yield potential in the US due to expensive fertilizers, risks to safrinha in Brazil and a strong pace of US export sales. At the same time, technical overbought conditions limited the market’s willingness to quickly extend the move without new fundamental confirmation.

The Ukrainian physical market moved more restrainedly than the exchange market. SPIKE Spot Commodity Index Ukraine on the basis of CPT Odesa recorded corn at $222/t (+$1 per week).

Buyers on the western border have been outbidding seaports for the second month in a row. The price with delivery CPT Chop (Nider terminal) is $220-222/t.

Tags: corn, export, Ukraine