Poland Imports Excessive Corn
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Corn production has a short history in Poland, although it steadily increased since 2007. From 2009 to 2014, the country’s Corn area increased by 250%. Corn production is also expanding into new areas, notably eastern Poland, where Corn was previously not viable. Additionally, more advanced inputs and better access to hybrids are raising interest among farmers in growing Corn. Corn quality varies regionally.
High yields drove MY 2020/21 Corn production to reach 4.4 million tons, a 16.5 percent increase over the previous year. Poland’s MY 2020/21 Corn area increased by 4 percent over the previous year as farmers anticipated favorable prices. In MY 2019/20, feed demand diminished due to challenges faced by the poultry industry following the pandemic.
Poland remains the European Union’s largest poultry producer and, therefore, a significant poultry feed consumer. The main Corn drivers have been the country’s fast-growing poultry industry and increasing export demand. Poland’s primary Corn users are the feed millers, farmers for on-farm feed, and the biofuel industry. On average, the country’s total Corn consumption is 3.2 million tons, of which almost 90% was used by feed industry and for on-farm animal feed. Domestic human consumption of Corn is small and amounts to 25,000 tons.
Poland is a net Corn exporter. According to the Ministry of Agriculture and Rural Development data, for January-September this year, Poland received 1,428,778 tons of Corn grain. For comparison, last year, 2021, the volume of Corn grain imports in the same period was 147,814 tons. The countries from which Poland imports Corn to the greatest extent are Ukraine – 1,299,772 tons, followed by Argentina (57,200 tons) and Slovakia (22,852 tons).
However, looking at the information on Corn grain exports from the country, these values
According to the AgFlow data, the United Kingdom led their export market with 143,958 tons in 2021-2022, followed by Belgium (77,616 tons), the Netherlands (59,629 tons), France (59,400 tons), Senegal (38,900 tons), and Ireland (38,878 tons). Other minor importers were Algeria, Nigeria, Sweden, Germany, and Estonia. In terms of import, Poland purchased 121,300 tons and 30,000 tons from Argentina and Ukraine, respectively.
Polish Corn Price
The year 2022 began with price quotations of dry Corn, amounting to PLN 1,038 net per ton. 1 USD equals 4.45 Polish zloty. Prices at the beginning of March jumped to PLN 1,211, and a week later, the value of Corn was valued at PLN 1,496 on average. Then the prices fluctuated between PLN 1,370 and PLN 1,400. Between June and July, the cost of Corn sales decreased again – to the minimum price of PLN 1,200. From mid-July, practically to September, the prices went up again, and in October, they remained at PLN 1,340. At the peak of the Corn harvest, November began with a price of PLN 1,381/t, followed by price reductions. In addition to the drop in prices, there is a problem with the inability to sell Corn that has not yet been mown.
Wet Corn this year was opened in September at PLN 760/t. Until the beginning of November, the price was constantly increasing – to the value of PLN 920/t. However, from the beginning of the second decade of October, only a decrease in the price was recorded. On November 23, the average cost of selling Corn grains was around PLN 817/t.
Other sources: POLAND POSTSEN
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