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West Coast Reduction, a rendering plant at the Port of Vancouver, is pressing for a five-year lease extension as the port weighs Roberts Bank Terminal 2 and more container capacity. The plant handles agricultural byproducts and exports canola oil.
The article describes land-use tension rather than a change in trade flows.
If the rendering plant loses waterfront space, canola oil export and byproduct handling capacity in Vancouver could tighten. Any near-term effect on prices is limited because no decision has been made.
vancouversun.comDerrick PennerFeb 19, 2021Not 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.
