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Ukrainian corn has secured several early deals with Vietnam, with Panamax cargoes sold for February and March shipments at high $250s CIF. Offers have since been quoted at $262/mt CIF, while South American corn to Vietnam rose to $270/mt CFR amid Argentine production cuts and dry weather.
Rising South American and US corn prices make Ukrainian origin more competitive in Asia, supporting Black Sea export demand and capping gains in Asian corn prices.
spglobal.comAmrutha dileep Chingoroth, Edward LowFeb 18, 2025After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
