
As of November 12, feed corn purchase prices at Danube ports were $140–148 per tonne CPT port, down about $2 on average from the end of last week. Ports in Greater Odesa quoted demand prices $2–5 lower at $120–130 per tonne CPT.
Lower Ukrainian and Danube corn offers add to pressure from strong Argentine and Brazilian competition, weakening the export price floor for feed grain buyers. Domestic demand is nearly absent and logistics are poor, so prices are likely to stay under pressure.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.