
Panamax freight rates for Ukrainian grain rose by $1-2/t in the week to September 19, with corn from Ukrainian deep-sea ports to South China estimated at $47-48/t. Handysize rates were mostly flat, though demand has slowed amid a wide gap between owner and charterer expectations.
Corn from Danube ports to Italy rose $1/t to $33-34/t.
Higher Black Sea grain freight raises delivered costs for Ukrainian corn and feed grain into Asia and Europe, modestly supporting regional export prices.
Not enough comparable past events yet for a historical read.
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.
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.