In Ukraine this week the rate of reduction in the price of fodder corn has increased.
The oversupply Corn in the domestic market, the moderate demand of the main consumers, the mostly medium-term sufficient Grains made available and limited export rates continued to put significant pressure on prices. The acceleration of price reduction has been promoted by promoting the harvest of barley and wheat and exacerbating the problem of shortage of storage capacity among farmers.
On July 8, demand prices for fodder corn will be mostly in the range of 117,55-198,15 €/ton, which is lower than at the end of last week at 20,15-40,30 €/ton. The highest prices were expressed by individual companies in the western and southern regions.