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Resumed grain shipments from Ukraine have lifted freight rates, with Panamax corn rates to South China at $34-35 per ton. Coaster rates from Danube ports to Italy rose $2 per ton, though some charterers are resisting the higher rates.
Higher Black Sea freight raises delivered costs for corn exports, supporting FOB basis and widening the spread for feed buyers sourcing from the region.
insights.tridge.comMar 7, 2025Not 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.
