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About 60 federal workers picketed the Richardson grain terminal in Thunder Bay, Ontario, in solidarity with grain inspectors during the nationwide PSAC strike. The union alleges the Canadian Grain Commission hired replacement workers, which the commission denies.
Disruption to grain inspection at Canadian terminals can delay loadings and raise demurrage costs, tightening export timing for wheat, canola and barley and modestly supporting prices.
cbc.caSarah LawApr 25, 2023After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% 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.
