Ukraine Competes for Taiwan Grain Sales

Traders have been offering Ukrainian feed wheat and corn to Taiwanese buyers, said Clover Chang, U.S. Grains Council country director. Ukrainian corn quotes are $13 to $25 less per metric ton than U.S. corn, but local buyers have generally not been satisfied with its quality.

Despite quality concerns – crude protein levels as low as 6.7 percent and foreign material as high as 14 percent – some buyers are showing interest because of the lower price, and the first cargo of Ukrainian corn will reportedly arrive in Taiwan in the first half of December.