
Ukrainian corn export prices have dropped to their lowest level in two years, falling $24/t in a month to below $200/t. Trucking and shipping costs via Constanța (about $100/t) and Greater Odesa routes (over $120/t to the Eastern Mediterranean) are high amid Black Sea shipping restrictions.
Elevated logistics costs force Ukrainian sellers to accept lower prices, keeping Ukrainian corn cheap in export markets and pressuring global corn offers. The Danube ports remain the main outlet for small vessel shipments.
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.