
Black Sea freight rates remained mostly stable into the second half of November, with shipowners holding earlier gains as cargo volume and tonnage supply stayed balanced. Handysize corn freight to eastern Italy was unchanged at $24-25 per ton.
Grain cargo flow from Ukraine has slowed.
Stable freight costs keep Black Sea corn delivered prices steady, while slower Ukrainian cargo flow is a mild bearish signal for shipping demand.
Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.