Sunflower prices in ports up, corn down
As of November 25, prices for sunflowerseeds, 2nd class wheat in the ports of Ukraine increased, for corn reduced, Zernotorg.ua online platform for grain trading.
Prices for staple crops in the ports of Mykolaiv and Odesa regions:
|Commodity||Mykolaiv region ports, UAH/USD per ton||Odesa region ports, UAH/USD per ton|
|2nd class wheat||7,971 (▼20) / 240 (▲1)||7,955 (▲1) / 241|
|Feed wheat||7,825 (▼31)||7,767 (▼41) / 235 (▼1)|
|Corn||7,443 (▼3) / 221||7,437 (▼13) / 222|
|Barley||7,063 / 205||6,900 / 205|
|Soybean||17,125 / 521||16,983 / 468 (▼2)|
|Rapeseed||13,650||13,641 / 420|
Prices for the main crops are given on the basis of CPT — carriage paid to a port. The ports of Odesa and Mykolaiv regions receive the principal volume of grain.
Related: Thumbs up or Thumbs Down: Does the Booming Corn Export Endanger the Domestic Market?
Forward prices as of November 25:
|Commodity||Mykolaiv region ports, USD/ton||Odesa region ports, USD/ton|
|2nd class wheat||240||243|
As of November 23, staple grains export shipment from Ukraine made up 20.17 mln t.
In the 2019/20 season, grains, pulses and flour export from Ukraine totalled the record 57.2 mln t, 6.8 mln t higher YoY (2018/19: 50.4 mln t).
USDA in its November report put the estimate for corn export from Ukraine in 2020/21 at 22.5 mln, 8 mln t lower from October estimate.