
Freight rates for Ukrainian grain have risen as shipowners push offers higher amid thin cargo volumes in the Black Sea and Mediterranean. Panamax corn rates to southern China rose $5 per tonne to $43–45, while handy-size and coaster rates also climbed modestly.
Higher freight adds to the landed cost of Black Sea corn, widening the spread against other origins and weighing on the competitiveness of Ukrainian feed grain.
Not enough comparable past events yet for a historical read.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% 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.