# Freight rates for the transportation of Ukrainian grain by sea affect its competitiveness

> UkrAgroConsult analyst Maxim Kharchenko says Ukrainian grain sea freight rates have fallen as more vessels call at Ukrainian ports, with further declines expected. He cites a $32/t Odesa-to-Spain corn freight versus $20/t from Constanta, with the gap attributed to military risk.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/30624-freight-rates-for-the-transportation-of-ukrainian-grain-by-sea-affect-its
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower freight from Ukrainian ports improves the competitiveness of Black Sea grain, adding supply pressure on wheat and corn export prices. Continued Red Sea attacks keep a premium on Asia-bound cargoes.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-06-20 | [How the increase in Bosphorus tariffs will affect freight and competitiveness of Ukrainian grain](https://feedsoft.ai/events/24403-how-the-increase-in-bosphorus-tariffs-will-affect-freight-and-competitiveness.md) | -3.0% | -5.0% |
| WHEAT | 2024-11-18 | [Freight rates for grain transportation from Ukraine are decreasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/16989-freight-rates-for-grain-transportation-from-ukraine-are-decreasing-ukrainian.md) | -0.6% | +0.3% |
| WHEAT | 2024-04-23 | [Analysts note decline in freight rates for grain transportation from Danube ports, Odessa](https://feedsoft.ai/events/30937-analysts-note-decline-in-freight-rates-for-grain-transportation-from-danube.md) | -1.3% | +22.1% |
| WHEAT | 2026-06-22 | [Decrease in Freight Rates for Ukrainian Grain Exports](https://feedsoft.ai/events/19023-decrease-in-freight-rates-for-ukrainian-grain-exports.md) | -1.4% | -1.0% |
| WHEAT | 2026-10-18 | [Global Grain Freight Costs Surge as Shipping Disruptions Threaten U.S. Export Competitiveness](https://feedsoft.ai/events/16761-global-grain-freight-costs-surge-as-shipping-disruptions-threaten-u-s-export.md) | +1.0% | — |
| CORN | 2025-06-20 | [How the increase in Bosphorus tariffs will affect freight and competitiveness of Ukrainian grain](https://feedsoft.ai/events/24403-how-the-increase-in-bosphorus-tariffs-will-affect-freight-and-competitiveness.md) | -3.3% | -3.7% |
| CORN | 2024-11-18 | [Freight rates for grain transportation from Ukraine are decreasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/16989-freight-rates-for-grain-transportation-from-ukraine-are-decreasing-ukrainian.md) | -0.1% | +2.7% |
| CORN | 2024-04-23 | [Analysts note decline in freight rates for grain transportation from Danube ports, Odessa](https://feedsoft.ai/events/30937-analysts-note-decline-in-freight-rates-for-grain-transportation-from-danube.md) | -0.1% | +4.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/freight-rates-for-the-transportation-of-ukrainian-grain-by-sea-affect-its-competitiveness/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.