Ukraine Corn Exports to Decline in 2025

24-Dec-2024 02:38 PM

Ukraine Corn Exports to Decline in 2025
Ukraine's corn exports are expected to drop by 29% to 21 million tons in 2025, due to drought and adverse weather conditions. 
- Corn production for the 2024-25 marketing year is forecast at 25 million tons, the lowest since 2017.
- Strong demand is expected from the EU, India, and China.
- China's share of Ukraine's corn exports may increase, although supplies will be limited.
- Prices are likely to rise due to supply constraints and growing demand.

Overall, while Ukraine's corn exports will decline, increasing demand from key markets and higher prices will impact global markets. India’s rising corn imports for ethanol production could further affect domestic prices.