# Drastic freight rate fall in Ukraine's deep sea ports brings no relief for grain trade - Fastmarkets

> Freight rates for Ukrainian deep sea grain cargoes have fallen sharply, with a panamax corn cargo to China now around $52-57/t versus a high of $80/t after the corridor was reconfirmed. Inspection delays at Istanbul, now up to three weeks, are keeping trade slow.

- Date: 2022-12-09 · published 2022-12-09T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/38130-drastic-freight-rate-fall-in-ukraine-s-deep-sea-ports-brings-no-relief-for
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower freight helps exporters, but persistent inspection delays and demurrage add cost and uncertainty, limiting Black Sea grain flows and supporting corn and wheat export prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-05-05 | [Logistic costs increasing for Ukraine's grain trade](https://feedsoft.ai/events/41304-logistic-costs-increasing-for-ukraine-s-grain-trade.md) | +6.2% | +0.4% |
| CORN | 2023-06-26 | [Ukraine traders seek other export options as grain corridor hopes fade - Fastmarkets](https://feedsoft.ai/events/14387-ukraine-traders-seek-other-export-options-as-grain-corridor-hopes-fade.md) | -8.7% | -0.3% |
| CORN | 2025-11-14 | [Ukraine. Grain flows: Steady sea freight, exports up](https://feedsoft.ai/events/14161-ukraine-grain-flows-steady-sea-freight-exports-up.md) | -0.8% | -0.3% |
| CORN | 2024-03-25 | [Freight rates for the transportation of grain from Ukrainian ports have increased \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/31096-freight-rates-for-the-transportation-of-grain-from-ukrainian-ports-have.md) | -4.9% | -6.9% |
| CORN | 2026-10-27 | [Grain freight rates from Ukrainian Danube ports to Egypt rise by $10/t in one week](https://feedsoft.ai/events/17247-grain-freight-rates-from-ukrainian-danube-ports-to-egypt-rise-by-10-t-in-one.md) | +0.0% | — |
| WHEAT | 2022-05-05 | [Logistic costs increasing for Ukraine's grain trade](https://feedsoft.ai/events/41304-logistic-costs-increasing-for-ukraine-s-grain-trade.md) | -0.2% | +0.3% |
| WHEAT | 2023-06-26 | [Ukraine traders seek other export options as grain corridor hopes fade - Fastmarkets](https://feedsoft.ai/events/14387-ukraine-traders-seek-other-export-options-as-grain-corridor-hopes-fade.md) | +7.1% | -0.1% |
| WHEAT | 2025-03-03 | [Freight rates for grain exports from Ukraine have increased \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/25783-freight-rates-for-grain-exports-from-ukraine-have-increased-ukrainian-and-world.md) | -3.4% | +0.5% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/freight-rate-fall-in-ukraines-ports/

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