Following Turkey's announcement that it will impose a 5% tax on imported 1 MMT of corn until the end of 2024, domestic corn prices have started to fall while import prices have started to rise, according to Salih Karagöz, broker at Atria Brokers.


According to transactions on the Konya Commodity Exchange, domestic corn prices have fallen since 08 October. The details are available for our Premium Report subscribers.


At the same time, on 11 October, Ukrainian coaster, handy corn offers started to be quoted at around 246-249 USD/MT, CIF Marmara.