The corn market is currently the most active segment of Ukrainian grain exports, ensuring stable port utilization and constant demand from importers.

This was reported by the analytical department of the First Ukrainian Agricultural Cooperative (FUAC), created within the Ukrainian Agri Council.

“Corn remains the only relatively active market segment at present. As of December 22, exports amounted to almost 1.5 million tons. Although these volumes are not record-breaking, shipments are stable, and it is corn that keeps most ports operating today,” the analysts noted.

Demand for corn on the world market remains high. Ukrainian corn remains in demand in EU countries, particularly in Spain and Italy, which are among the key buyers, as well as in Turkey.

At the same time, importers are closely monitoring the security situation in Ukraine.

"Importers are aware that the war is not expected to end quickly in the coming months and that risks to port infrastructure will remain. If exports from Ukraine are halted or significantly reduced, it will be difficult for the global market to quickly cover the possible deficit. American corn has already been contracted for January and almost entirely for February, so there are virtually no alternatives to Ukraine for supplies during this period," the analysts emphasized.

At the end of the week, spot corn prices rose to USD207–208 per ton, while domestic contract prices rose to 9,800–9,850 UAH/t. At the same time, further price dynamics will largely depend on the growth rate of logistics costs and security risks.