Ukrainian corn export prices at Odesa ports (FOB) fell to $199/t from $223/t, the lowest in two years. It is the first time prices have been below $200/t since September 3, 2024.
Limited sea access and high freight costs from Greater Odesa are forcing exporters to accept lower prices, which cuts Ukrainian corn competitiveness and weighs on world corn export pricing.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% 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.