Danube Basin Under Pressure: Logistics Reduce New Crop Corn Prices
Export market pressures in Ukraine push purchase prices down. As of September 17, new crop corn in Danube ports is valued mainly at $165–170/ton CPT port, 3–10 $/ton lower than late last week. Key factors include new grain arrivals, high transitional stocks, costly alternative logistics, and complex customs procedures due to minimal export prices.