
Black Sea grain freight rates are firming as charterers request July shipment indications and shipowners fix at higher levels. Danube-to-Eastern Mediterranean rates were around $38-39/MT and handysize rates around $23/MT as of June 26.
Stronger Black Sea freight raises landed costs for Ukrainian and Russian origin grain, supporting delivered prices for feed importers.
Not enough comparable past events yet for a historical read.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% 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.