# Ukraine Farms Wary of Planting More Corn Even as Price Recovers - Bloomberg

> Ukrainian large corn growers are reluctant to expand output even though domestic corn prices have recovered to an 18-month high. Export prices remain about half of their 2011 peak, and shippers face strong competition from Brazil.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/66520-ukraine-farms-wary-of-planting-more-corn-even-as-price-recovers-bloomberg
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Limited Ukrainian planting expansion and Brazilian competition keep export supply ample, which caps upside for corn prices despite the recent recovery.

## Read by commodity

- CORN: neutral

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-02-02/ukraine-farms-wary-of-planting-more-corn-even-as-price-recovers

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