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Ukrainian grain freight rates rose at the end of September as a shortage of suitable tonnage limited shipments. Corn from Ukrainian ports to Italy reached $24-25/t, the Danube-Italy coster leg rose to $34-35/t, and Panamax rates were stable.
Rising freight costs on Ukrainian grain routes increase delivered corn costs for importers, supporting prices and reflecting tight vessel availability in the Black Sea.
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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.