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Dr. Eren Günhan Ulusoy, Eurasia Chairman of IAOM, emphasized that a challenging period awaits the feed sector due to logistical tensions in the Black Sea and the heatwave striking Europe. Highlighting a 9 million-ton crop loss in the EU and a surging corn deficit reaching 23 million tons, Ulusoy drew attention to impending global price volatility.

Türkiye has opened a 3 million-tonne tariff quota for corn imports with a reduced customs duty of 5% for the period from April 20 to July 31, 2026.

Ukraine’s corn exports are projected to rise in the 2025-26 marketing year (October-September) from last season, as higher production and ample supply are expected to offset harvest delays and ongoing logistical disruptions, according to S&P Global Energy CERA analysts.

Ukraine’s corn prices have plunged to their lowest level of 2025 as the new harvest boosts supply and demand from key importers like Turkey and Egypt slows.