The Ukrainian Grain Association (UGA) estimates Ukraine's grain and oilseed exports for the 2025/26 marketing year at 41.1 million tonnes, down from 46.7 million tonnes the previous year and significantly lower than the 57.5 million tonnes recorded in 2023/24.

As a major global corn exporter, Ukraine's projected sharp decline in total grain and oilseed exports for 2025/26—relative to the preceding two years—suggests a tightening of global corn supplies, providing general bullish support for both spot and futures corn prices.

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