Weather plays a key role in corn planting in the USA, leading to increased demand for this crop and positively affecting its prices. Meanwhile, in Ukraine, export prices for corn have increased, but only limited volumes are available.
Weather conditions and corn prices
Ukraine is experiencing heavy rains that promote the growth of corn and soybeans, while also suppressing corn price increases. Corn futures prices in Paris have fallen despite forecasts of production declines.
Weather conditions in the USA and Ukraine affect corn planting and prices. In the USA, the demand for corn is growing, leading to higher prices, while in Ukraine, rains create good conditions for plant growth, although they suppress the rise in crop prices. Despite the increase in export prices in Ukraine, the available volumes of corn are limited.