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Workers at the six main grain terminals in Vancouver went on strike on September 24 after talks between the Grain Workers Union and the Vancouver Terminal Elevators' Association broke down over benefits. The stoppage threatened exports of canola and other crops during harvest.
Vancouver is the world's top canola exporter and a major No. 3 wheat exporter.
Halted loadings reduce Canadian canola and grain export flows, tightening nearby supply and supporting prices for competing origins. Canadian cash bids may weaken while global canola and barley prices firm if the strike persists.
reuters.comSep 24, 2024Not 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.
