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Freight rates for corn kosters from Ukrainian Danube ports to Italy's east coast rose by $1 to $27-29 per tonne. Handysize rates to Italy held steady at $21-22 per tonne, and panamax rates for corn or wheat to southern China were unchanged at $48-50 per tonne.
Firmer short-sea rates from Danube ports raise the delivered cost of Ukrainian corn into Mediterranean markets, modestly supporting Black Sea export price competitiveness.
tridge.comFoodmateSep 23, 2024Not enough comparable past events yet for a historical read.
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.
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.
