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Freight for corn shipments from Ukrainian Danube ports to Egypt has risen about $10/t in a week to roughly $120/t, according to broker assessments. Vessel shortages, congestion on the Sulina Canal, draft restrictions on the Danube and a four-day canal closure due to weather are tying up tonnage.
Higher freight raises landed costs for Egyptian buyers and supports Ukrainian FOB corn values, while pushing some demand toward alternative origins and routes. The impact on global corn benchmarks is limited because those remain relatively soft.
commodity-board.comNov 3, 2026After 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.
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.
