
European corn prices kept falling in early November as EU harvests advanced and Ukrainian supplies increased. March corn futures on Euronext fell to €247.75/t from a three-year high of about €280/t three weeks earlier.
Ukrainian corn exports in October were weak, and road transport costs to EU buyers of $150–170/t have made many shipments unprofitable.
Lower EU corn futures and rising logistics costs push Ukrainian corn prices down and reduce export competitiveness, which keeps supply available for EU feed buyers. The lower crude oil and oilseed prices cited in the article add to the bearish pressure.
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.
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.