June 2, 2006

Ukraine's May feed corn export contracts total 85,020 tonnes

The export contracts for third-grade feed corn in May concluded on Ukraine's agricultural exchanges totaled 85,020 tonnes, the National Union of Agrarian Exchanges said.

Spot contracts totalled 74,880 tonnes at an average price of US$117 a tonne, basis delivered at frontier.

There were also forward contracts with delivery dates in June-August, totaling 10,140 tonnes. The spot prices ranged between US$109/tonne and US$126/tonne, DAF.