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Ottawa assembled an industry working group in January to address how grain ships are loaded at Vancouver during rain. Heavy rain in October 2022 halted loading for eight days, stranding ships and trains and backing up Prairie grain.
Recurring rain-related port stoppages at Vancouver can delay Canadian grain exports and widen basis and freight spreads, though this article describes planning rather than a current disruption.
financialpost.comJake EdmistonMar 6, 2023After 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.
Not 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.
