
Black Sea grain freight rates were mostly steady in mid-April, with Panamax corn from Ukrainian deepwater ports to South China at $34–35/t and handysize corn to Italy at $16–17/t. Danube coaster rates to Italy rose $1/t while barge rates to Constanta stayed at minimum levels.
Stable to slightly firmer Black Sea freight keeps Ukrainian corn export parity steady, with limited direct effect on global feed grain prices given modest cargo volumes.
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.
Not enough comparable past events yet for a historical read.
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.