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Workers at six Vancouver grain terminals reached a tentative deal on September 27, ending a strike that had affected exports of Canadian canola and wheat during harvest. Members will vote on the agreement by Oct.
4.
The end of the strike reduces the export backlog for canola and wheat, which should relieve some pressure on prices and freight from Western Canada.
agcanada.comAGCanadaOct 1, 2024
cbc.caAbby LucianoSep 28, 2024
theglobeandmail.comBrent JangSep 29, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% 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.
