Series detail

Black Sea to Europe Grain Freight Rate

Panamax · 38 weekly scans · 31 January 2026 to 24 October 2026.

Latest mid
46 USD/MT · as of 24 October 2026
Archive updated
25 Oct 2026 · 05:49 UTC
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Indicative weekly mids, not a confirmed trade. Firm stems on request.

Current mid
46 USD/MT
As of
24 Oct 2026
Archive range
27 – 46
Weekly scans
38

Black Sea–Europe Grain Freight Rate — Latest Range

As of 24 October 2026 the archived mid for Black Sea → Europe, Panamax, is 46 USD/MT, unchanged versus the previous weekly scan.

The archive range on this page is 27–46 USD/MT across 38 weekly scans from 31 January 2026 to 24 October 2026.

The previous print was 46 USD/MT on 17 October 2026.

The first archived mid on this series is 28 USD/MT on 31 January 2026.

Figures are indicative weekly mids for RFQ context.

Black Sea–Europe Freight Rate History — Weekly USD/MT

DateMidWeek ΔUnit
24 Oct 2026460stableUSD/MT
17 Oct 2026460stableUSD/MT
10 Oct 2026460stableUSD/MT
3 Oct 2026460stableUSD/MT
26 Sep 2026460stableUSD/MT
19 Sep 202646+4USD/MT
5 Sep 202642+5USD/MT
29 Aug 2026370stableUSD/MT
22 Aug 202637+2USD/MT
15 Aug 2026350stableUSD/MT
8 Aug 202635+7USD/MT
1 Aug 2026280stableUSD/MT
25 Jul 2026280stableUSD/MT
18 Jul 2026280stableUSD/MT
11 Jul 2026280stableUSD/MT
4 Jul 2026280stableUSD/MT
27 Jun 2026280stableUSD/MT
20 Jun 2026280stableUSD/MT
13 Jun 2026280stableUSD/MT
6 Jun 2026280stableUSD/MT
30 May 2026280stableUSD/MT
22 May 2026280stableUSD/MT
16 May 2026280stableUSD/MT
9 May 2026280stableUSD/MT
2 May 2026280stableUSD/MT
25 Apr 2026280stableUSD/MT
18 Apr 2026280stableUSD/MT
11 Apr 2026280stableUSD/MT
4 Apr 2026280stableUSD/MT
28 Mar 2026280stableUSD/MT
21 Mar 2026280stableUSD/MT
14 Mar 2026280stableUSD/MT
7 Mar 2026280stableUSD/MT
28 Feb 2026280stableUSD/MT
21 Feb 202628+1USD/MT
14 Feb 202627-1USD/MT
7 Feb 2026280stableUSD/MT
31 Jan 202628—USD/MT

Reading the Black Sea–Europe freight series

This is the Panamax rate from the Black Sea to Continental European ports — the route used when Black Sea corn or feed wheat is sold into Northern European compounders. It is longer than the East Spain leg and passes Gibraltar.

The rate moved from 28 to 37 USD/MT: low 27 on 14 February, high 37 on 22 August, largest weekly step +7 on 8 August. Like the Spain corridor it rose modestly compared with the Turkey and North Africa routes.

The Europe–Spain differential stayed at 4–6 dollars throughout, which is the usual extra sailing time. Both are useful for translating a Black Sea FOB corn price into a CIF Europe comparison with French or Romanian origin.

Related on this site: Black Sea–East Spain freight and French corn series.