Market overview of corn: global trends and Ukrainian exports in May

At the end of the last week of May, the global and Ukrainian corn markets demonstrated mixed price dynamics. Market quotations were simultaneously pressured by the activation of exporters from South America, the progress of the sowing campaign in the USA, and fluctuations in the energy sector. Corn market price indicators At the end of May, the following price indicators were recorded on key trading platforms: CBOT (Chicago) Exchange, July contract — 447 cents per bushel (a decrease of 15 cents per bushel). MATIF (Paris) Exchange, June contract — 236.00 euros per ton (an increase of 15 euros per ton). Physical market SPIKE CPT Odessa — 229 dollars per ton (no change). FCA Chop terms, June deliveries — 210 euros per ton (no change). The domestic Ukrainian market in the CPT Odessa format showed a short-term increase during the week when there was room for raising prices to 232–233 dollars. However, this level could not be maintained in the final indications, and the end of the week ...