Abundant US corn supply might hurt Ukraine’s harvest

Dropping corn prices in Brazil and the US, the leading corn suppliers globally, are resulting in disruptions to the Black Sea corn market. In Ukraine, the world’s fourth-largest corn exporter, farmers have been slower than usual to sell their new corn crop forward, which is due to be harvested in September. Brazil and the US provided a combined total of…Dropping corn prices in Brazil and the US, the leading corn suppliers globally, are resulting in disruptions to the Black Sea corn market. In Ukraine, the world’s fourth-largest corn exporter, farmers have been slower than usual to sell their new corn crop forward, which is due to be harvested in September. Brazil and the US provided a combined total of…Read More