
Speakers at the Agro Food Summit in Mersin said rising Black Sea freight costs and longer Danube waiting times are pushing grain buyers to prioritise reliable delivery over the cheapest origin price. One trader estimated the cost of moving grain from central Ukraine to a vessel in Odesa has risen from about $40 per tonne before July to over $100 per tonne.
Turkish processors are reconsidering their habit of replenishing stocks quickly from nearby origins.
Higher logistics costs out of Ukraine and Russia raise delivered wheat and feed-grain prices for importers such as Turkey and Egypt. Buyers are paying premiums for dependable delivery, which supports prices in the region.
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.
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.