Prices for Ukrainian corn have risen thanks to Turkey

Export prices for Ukrainian corn rose following Turkey’s decision to introduce an import quota of 3 million tons with a reduced 5% tariff. This measure, which will remain in effect until July 31, 2026, caused grain prices to rise by $2–3 per ton over the course of the week. In Ukrainian Black Sea ports, prices rose to 10,800–10,900 UAH/t, a trend also driven by the strengthening of the dollar against the hryvnia. 

This was reported by Delo.ua, citing data from the Grain Exchange.

Although the total volume of exports this season is 15% lower than last year’s, shipments have picked up in April—figures are 30% higher than last year’s. The global market is further affected by delays in the U.S. planting season and rising prices for nitrogen fertilizers due to geopolitical tensions. While Ukraine is adapting to new export opportunities and market fluctuations, Russia is attempting to use grain exports as a means of pressure; however, Ukrainian products remain competitive thanks to expanded access to strategic markets, such as the Turkish market. On the Chicago exchanges, May futures also rose, reaching $178/t.

For the first time since the start of the season, Ukraine set an export record: in December 2025, corn exports exceeded last year’s figures. Europe and the Middle East remain the main buyers, and shipments across the western border are increasing.

Ukrzaliznytsia has significantly increased the volume of grain transportation for export.