Agriculture Consultancy said on Sunday; the traders have exported Ukraine’s first supply of corn to Europe by train as the country’s seaports are blocked due to Russian aggression.
Ukraine is a major grain producer and exporter globally, and almost all of its exports have traditionally been routed through its Black Sea ports. Monthly grain exports before the war exceeded 5 million tonnes.
Traders and agriculture officials have said Ukraine may start exporting by train via its western border, which still has significant volumes of grain in stock.
As per the reports, the first batches of several thousand tonnes of corn have already been exported across Ukraine’s western land border,”
“Difficulties with logistics persist, supply still prevails over demand, but prices have stopped falling,” it added.
According to the sources, Ukrainian corn DAP (Delivered At Place) prices for buyers from Poland and the Baltic States were $250 to $265 per tonne and $275 per tonne for Slovakia.
Ukrainian transport authorities have said that 600,000 tonnes of grain per month could be exported by trains from Ukraine to Europe.