Головна Horticulture Grain Corn and sunflower prices rise due to stoppage of harvesting campaign

Corn and sunflower prices rise due to stoppage of harvesting campaign

збирання кукурудзи, жнива пізніх культур

In Dnipropetrovsk and Zaporizhia oblasts corn and sunflower harvesting campaign was suspended because of rains, resulting in an increase in prices of agricultural products. This is reported by ProAgro Group with reference to G.R. Agro.

“According to the latest data, about 30% of the area under corn and 10% of the area under sunflowers remain unharvested. The remainder of the crop is in the fields, which leads to further wilting,” the company noted.

Amid the stoppage of the harvesting company and problems with logistics chain the prices for corn rose to 8150-8200 UAH/t CPT. Despite the rise in prices, active sales are not observed. Also due to the shortage of proposals sunflower prices rose to 19000-20200 UAH/t on DAP plant conditions.

“Despite the increase in tariffs for drying at Ukrainian elevators, most of the grain comes exactly to the elevators, because the unloading at the ports is slow and not all terminals provide cleaning and drying services”, – summed up the company.

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