Export prices for Ukrainian corn fell below $200/t, the lowest level in two years, according to traders reported by UkrAgroKonsult. Logistics via Constanța cost about $100/t, and freight from Greater Odesa to the Eastern Mediterranean exceeded $120/t.
High logistics costs are cutting Ukrainian corn competitiveness and forcing farmers to accept lower prices, adding downward pressure on corn export prices in the Black Sea region.
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.