# China Brief 078 | What to keep an eye on in 2022, Belt and Road and Five Year Plan Monitor, experts weigh in on CPTPP Canada West FoundationCanada West Foundation

> B.C. floods cut the Port of Vancouver off from the rest of Canada, compounding existing supply chain problems. CN Rail has reopened the Kamloops to Vancouver corridor, but rail movements remain below requirements. Industry sources warn that a backlog of Prairie grain may lose value if it cannot reach port before spring.

- Date: 2021-12-14 · published 2021-12-14T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/43563-china-brief-078-what-to-keep-an-eye-on-in-2022-belt-and-road-and-five-year-plan
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stranded Prairie grain and delayed export shipments increase cash-market pressure on Canadian grain and weigh on prices. Delays also tighten export logistics for Asian buyers.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-11-12 | [Four ships to deliver Ukrainian wheat, corn to China, Italy, Turkey as part of 'Grain Initiative'](https://feedsoft.ai/events/14441-four-ships-to-deliver-ukrainian-wheat-corn-to-china-italy-turkey-as-part-of.md) | +0.8% | +0.0% |
| WHEAT | 2022-07-28 | [Wheat prices fell in anticipation of the departure of grain ships from Ukrainian ports 28.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40531-wheat-prices-fell-in-anticipation-of-the-departure-of-grain-ships-from.md) | +4.6% | +0.7% |
| WHEAT | 2022-07-20 | [Demand prices for wheat and barley in Ukraine remain very low 20.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40558-demand-prices-for-wheat-and-barley-in-ukraine-remain-very-low-20-07-2022.md) | -10.6% | -0.6% |
| WHEAT | 2019-07-16 | [Ocean freight index hits five-and-a-half year highs - Grainews](https://feedsoft.ai/events/57989-ocean-freight-index-hits-five-and-a-half-year-highs-grainews.md) | -3.3% | -2.9% |
| WHEAT | 2023-01-23 | [CBH PORT STRIKES: Kwinana workers’ plans for two week strike ‘averted’ after breakthrough in union discussions \| Countryman](https://feedsoft.ai/events/37803-cbh-port-strikes-kwinana-workers-plans-for-two-week-strike-averted-after.md) | -3.1% | -0.1% |

## Sources

- cwf.ca: https://cwf.ca/research/publications/china-brief-078/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.