# Freight rates for grain shipping from Ukraine's Odessa ports continue to decline - brokers

> Freight rates for grain shipments from Ukraine's Odessa-area ports fell further in the week to January 25, with corn coaster and Panamax rates to China down $5-6 per tonne to $70-72. Barge rates to Constanta and sunflower freight to Bulgaria also declined.

- Date: 2024-01-26 · published 2024-01-26T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/32319-freight-rates-for-grain-shipping-from-ukraine-s-odessa-ports-continue-to
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Black Sea freight reduces delivered costs for corn and sunflower meal importers in Europe and Asia, modestly bearish for landed feed grain prices.

## Read by commodity

- CORN: neutral
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-30 | [Bulk carriers freight rates from Ukrainian ports have increased \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/28514-bulk-carriers-freight-rates-from-ukrainian-ports-have-increased-ukrainian-and.md) | +1.0% | -0.6% |
| CORN | 2025-04-14 | [Freight rates for grain transportation by coasters to Italy have increased on the Danube \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/16952-freight-rates-for-grain-transportation-by-coasters-to-italy-have-increased-on.md) | +1.1% | -5.2% |
| CORN | 2017-04-13 | [Decreased demand for grain transportation lowers shipping rates \| World-grain.com \| April 13, 2017 14:17 \| World Grain](https://feedsoft.ai/events/71400-decreased-demand-for-grain-transportation-lowers-shipping-rates-world-grain-com.md) | -2.1% | +0.9% |
| CORN | 2024-12-20 | [Analysts: Shipowners refuse to reduce freight rates ahead of holidays \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/27154-analysts-shipowners-refuse-to-reduce-freight-rates-ahead-of-holidays-ukrainian.md) | +1.5% | +6.9% |
| CORN | 2019-04-26 | [The future of the Panama Canal: What’s next for grain and coal shipping - FreightWaves](https://feedsoft.ai/events/59492-the-future-of-the-panama-canal-what-s-next-for-grain-and-coal-shipping.md) | +0.6% | +5.3% |

## Sources

- interfax.com: https://interfax.com/newsroom/top-stories/98829/

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