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IFCHOR GALBRAITHS research says Panamax wheat and corn shipping demand fell by 27.65 billion tonne-miles in Q3 2026 versus the 2023–2025 average, about 1.4% of segment demand. Supramax gained 10.15 billion tonne-miles and Handysize gained 1.53 billion as grain flows shifted away from Russia, Ukraine and Brazil's corn exports.
Lower Panamax grain demand weakens freight rates for the largest grain-carrying ships, while smaller vessels pick up cargoes. Shifts in origin also change landed feed grain costs for importers.
hellenicshippingnews.comNov 3, 2026Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, CORN moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
After 163 past neutral logistics events, WHEAT moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% over 20.
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.
