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Truck convoys are shuttling 53 combine harvesters, 44 tractors and other farm equipment diverted from Fremantle back to WA dealers. The first units were expected to start arriving the weekend before publication, with overall delays expected to be under three weeks.
Dealers say the operation is going smoothly despite the logistics involved.
The recovery of diverted machinery reduces the risk of a longer harvest delay in WA. The story has little direct effect on global grain or feed prices.
farmweekly.com.auMal GillOct 17, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% 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.
