China’s appetite for Ukraine corn slows as normal service resumes.

Ukraine exports to China are returning to normal levels as the post-harvest peak buying period slows and despite a potential spat developing around China’s trade relations with the US. The apparent deterioration in Sino-US relations and reports that US cargoes had been substituted for Ukrainian corn does not appear to have galvanised any uptick in buying, with the three panamax-sized cargoes heard being sold to China in the last few days described as normal buying. China is always buying corn, and they’re used to buying commodities at the lowest prices, so they do it just before the harvest.