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The CP Rail lockout could delay fertilizer and grain shipments for Saskatchewan farmers just as spring seeding begins. Farmers' groups said the stoppage arrived when producers were already coping with poor returns and reduced feed stocks after the 2021 drought.
Fertilizer deliveries delayed by rail disruption can tighten regional nitrogen supply and support urea prices during the seeding window. Reduced farm inputs could also weigh on crop yields.
cbc.caDayne PattersonMar 21, 2022After 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.
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.
