# Export demand for corn in Ukraine remains high, although world prices are under pressure from cheap US corn supply

> Ukrainian corn export prices rose 50-100 UAH/t to 9200-9350 UAH/t amid hryvnia depreciation, and Ukrainian corn exports reached 1.5 million tonnes by October 28, up 60% year on year. US harvest was 81% complete and Chicago December corn fell 1.8% on the week.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: trade · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/27878-export-demand-for-corn-in-ukraine-remains-high-although-world-prices-are-under
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Ukrainian export demand is firm, but cheap US corn and ample harvest pressure limit upside for world corn prices, keeping global corn values under pressure.

## Read by commodity

- CORN: bearish ▼
- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-12-20 | [Corn prices in China fall under pressure from increased supply](https://feedsoft.ai/events/14791-corn-prices-in-china-fall-under-pressure-from-increased-supply.md) | +3.1% | -1.9% |
| CORN | 2026-10-29 | [Growing corn supplies put pressure on prices in Ukraine and the EU](https://feedsoft.ai/events/1984-growing-corn-supplies-put-pressure-on-prices-in-ukraine-and-the-eu.md) | -1.5% | — |
| CORN | 2021-11-30 | [The collapse of world prices for wheat and corn has increased pressure on purchase prices in Ukraine 30.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/11601-the-collapse-of-world-prices-for-wheat-and-corn-has-increased-pressure-on.md) | +6.2% | +3.1% |
| CORN | 2024-10-21 | [FEATURE: Ukraine grain exports soar amid price shifts and supply cuts](https://feedsoft.ai/events/14259-feature-ukraine-grain-exports-soar-amid-price-shifts-and-supply-cuts.md) | +1.5% | +2.5% |
| CORN | 2025-10-25 | [Export demand for barley increases in Ukraine – AgroNews](https://feedsoft.ai/events/22475-export-demand-for-barley-increases-in-ukraine-agronews.md) | +1.4% | +2.7% |
| USDBRL | 2023-01-27 | [FAS Report Highlights China’s Corn Imports From Brazil; While Rice Prices Climb \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14874-fas-report-highlights-china-s-corn-imports-from-brazil-while-rice-prices-climb.md) | -1.4% | +1.9% |
| USDBRL | 2023-03-21 | [China soybean prices plunge amid weaker local demand, higher Brazil farmer sales](https://feedsoft.ai/events/36942-china-soybean-prices-plunge-amid-weaker-local-demand-higher-brazil-farmer-sales.md) | -0.3% | -5.8% |
| USDBRL | 2022-10-12 | [China Set to Import Brazilian Corn in Challenge to US Supply - Bloomberg](https://feedsoft.ai/events/14894-china-set-to-import-brazilian-corn-in-challenge-to-us-supply-bloomberg.md) | +1.5% | -1.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/export-demand-for-corn-in-ukraine-remains-high-although-world-prices-are-under-pressure-from-cheap-us-corn-supply/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.