
Corn freight from Ukrainian Danube ports to Egypt rose $10 per tonne in a week to $110/t. Sulina Canal closures from weather, draft limits and Russian attacks on Black Sea shipping have cut available vessels.
Higher Danube and Black Sea freight raises delivered costs for Ukrainian corn into North Africa and tightens export flows, supporting Black Sea origin basis.
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.
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.