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Canadian grain exporters operated as usual during the PSAC strike that idled federal inspectors. The article revisits debate over whether Canada still needs government grain inspection, given the three to four year training needed for inspectors.
The piece notes that inspection quality and cost remain under review.
The debate could eventually change Canadian grain export certification and costs, but it does not move near-term prices. Buyers should note the potential structural change in Canadian export inspection.
financialpost.comJake EdmistonMay 8, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.
