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French grain industry groups warned of severe damage if a month-old public transport strike and dock stoppages over pension reform continue. Intercereales said 450,000 tonnes of grain worth about 100 million euros were blocked in French ports.
Blocked port and rail flows delay EU wheat exports and can push French export prices down while supporting prices in importing markets.
feedandgrain.comOct 2, 2020After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), 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.
