# Canadian shippers find few easy alternatives for grain, oil cut off by flood

> Canadian exporters of grain, fertilizer and oil tried to divert shipments away from the Port of Vancouver after floods isolated it, but found few easy alternatives. The disruption is stalling the flow of Canadian commodities.

- Date: 2021-11-17 · published 2021-11-17T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/44089-canadian-shippers-find-few-easy-alternatives-for-grain-oil-cut-off-by-flood
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

With few alternative routes, Canadian grain and oilseed export capacity falls, supporting prices for wheat and canola meal in export markets.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-10-02 | [Canadian Grain Shippers Declare Event of Delay \| Feed & Grain](https://feedsoft.ai/events/50668-canadian-grain-shippers-declare-event-of-delay-feed-and-grain.md) | +1.9% | +3.6% |
| WHEAT | 2020-09-15 | [Grain shippers brace for tight rail market - FreightWaves](https://feedsoft.ai/events/51304-grain-shippers-brace-for-tight-rail-market-freightwaves.md) | -0.8% | +7.8% |
| WHEAT | 2020-03-10 | [Rail blockades created huge tab for Canadian grain producers, industry says - FreightWaves](https://feedsoft.ai/events/54139-rail-blockades-created-huge-tab-for-canadian-grain-producers-industry-says.md) | -4.8% | -5.7% |
| WHEAT | 2018-04-19 | [CP Rail strike could be devastating for Western Canadian farmers](https://feedsoft.ai/events/65532-cp-rail-strike-could-be-devastating-for-western-canadian-farmers.md) | +0.3% | -1.2% |
| WHEAT | 2023-05-22 | [UN concerned by lack of grain ships going to one Ukrainian port \| Reuters](https://feedsoft.ai/events/14394-un-concerned-by-lack-of-grain-ships-going-to-one-ukrainian-port-reuters.md) | -0.4% | -4.6% |

## Sources

- reuters.com: https://www.reuters.com/business/canadian-shippers-find-few-easy-alternatives-grain-oil-cut-off-by-flood-2021-11-17/

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