
The cost of shipping 6,000 tonnes of corn from Ukraine's Danube ports to Egypt rose by $10/t over the past week to about $120/t, according to Atria Brokers freight estimates. Long queues at the Sulina channel and Black Sea war risks continue to limit the number of vessels willing to work the route.
Barge rates are also rising on strong demand, tight tonnage and draft restrictions on the Danube.
Higher freight adds to the landed cost of Ukrainian corn in Egypt, narrowing its margin against alternative origins and supporting Black Sea freight costs. Tight vessel supply and draft limits point to firm logistics costs for grain exporters in the region.
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.
Not enough comparable past events yet for a historical read.
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.