EU is ready to buy large volume of Ukrainian corn.

According to the USDA estimates, in 2016/17 MY world corn importers decreased purchases by 2% against the previous season – to 137.1 MMT, despite the record world corn production. Still, evaluating the results of 2016/17, corn exports from Ukraine were up 26% year-on-year, at record level of 21.2 MMT. Having gathered second largest corn harvest, Ukraine managed to deliver more corn to all the key destinations, except for the China, which tries to get rid of high corn stocks. What is more, in 2016/17 Ukraine moved up to the third place on the list of top world corn exporters, leaving behind Brazil.