Loading…
New research from shipbroker IFCHOR GALBRAITHS finds Panamax wheat and corn shipping demand fell by 27.65 billion tonne-miles in Q3 2026 versus 2023–2025 averages. Supramax and Handysize vessels gained, as Argentine, US and Canadian grain exports replaced reduced Russian and Ukrainian shipments.
Re-routing of grain flows away from the Black Sea lengthens or shifts voyages toward the Americas, changing ocean freight costs by vessel size. Freight rate shifts can widen export basis and affect landed grain costs for feed buyers.
thedcn.com.auDavid SextonNov 3, 2026Not enough comparable past events yet for a historical read.
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.
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.
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.
