Loading…
Both Canadian major railways, CPKC and CN, have fallen behind on supplying grain hopper cars, with outstanding orders above 4,100 for crop week 26. Railways have also cancelled about 4,000 car orders, and grain vessels are queuing at port.
Slow rail movement of Canadian grain and canola reduces export availability and lengthens vessel waits, which supports Canadian origin basis and can lift ocean freight costs.
producer.comKevin Hursh, PAgFeb 18, 2025Not enough comparable past events yet for a historical read.
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.
