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Food Logistics explains that a strike at Canada's two largest railways would affect more than 900,000 tons of cargo moving daily, including fertilizer and chemicals. The CIRB paused the strike while it reviews public safety impacts, and companies are advised to prepare alternative supply plans.
Fertilizer rail disruptions in Canada could constrain potash and other fertilizer deliveries to prairie farmers and add to freight costs for agricultural inputs.
foodlogistics.comMirko WoitzikJul 18, 2024Not enough comparable past events yet for a historical read.
After 49 past bullish logistics events, Urea moved a median -0.3% over 5 sessions (45% higher; middle half -1.3% to +2.2%), and -0.4% 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.
