Loading…
Black Sea corn FOB values from Ukrainian ports reached their highest level since March 2023, at $225/mt on Jan. 29.
Farmers are withholding stocks and selling only in limited quantities, while CPT prices have risen since the new season began in October.
Tight farmer selling reduces available export supply, supporting world corn prices and narrowing the feed wheat and corn spread in destination markets.
spglobal.comAmrutha dileep ChingorothJan 29, 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.
