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Western Australia's opposition Shadow Ports and Agriculture Minister Colin de Grussa called on the state Labor government to intervene in proposed MUA industrial action at CBH's Kwinana grain terminal. He said the 2022/23 harvest has already exceeded CBH's record 21.3 million tonnes handled last year, leaving the logistics network under severe pressure.
Possible disruption to grain shipments at a major export port could delay cargoes and widen export basis, which matters for buyers sourcing Australian feed grains.
nationalswa.comJan 24, 2023After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% 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.
