# Vancouver’s New Grain Terminal Bets on Asian Markets

> G3 Global Holdings opened a new high-speed grain export terminal in North Vancouver, the first new Vancouver-area grain terminal since the 1960s. It is designed to unload trains faster and link Canadian Prairie grain with China and Indonesia, with wheat and canola as priority commodities.

- Date: 2020-07-15 · published 2020-07-15T12:00:00.000Z
- Category: logistics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/52092-vancouver-s-new-grain-terminal-bets-on-asian-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Faster West Coast export capacity could shift Canadian wheat and canola flows toward Asia, modestly supporting Canadian grain basis and freight demand while China trade remains constrained.

## Read by commodity

- WHEAT: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-08-18 | [North Vancouver grain terminals export at record levels](https://feedsoft.ai/events/69436-north-vancouver-grain-terminals-export-at-record-levels.md) | -3.4% | +2.9% |
| WHEAT | 2016-12-21 | [G3 to proceed with port grain terminal at Vancouver - Manitoba Co-operator](https://feedsoft.ai/events/73438-g3-to-proceed-with-port-grain-terminal-at-vancouver-manitoba-co-operator.md) | -0.1% | +3.1% |
| WHEAT | 2017-11-03 | [Worried about Russia's march on grain markets? It could be worse](https://feedsoft.ai/events/67827-worried-about-russia-s-march-on-grain-markets-it-could-be-worse.md) | +0.1% | -1.6% |
| WHEAT | 2024-09-26 | [Focus: Russia expands Baltic ports as it eyes new grain markets](https://feedsoft.ai/events/14268-focus-russia-expands-baltic-ports-as-it-eyes-new-grain-markets.md) | +1.0% | -6.2% |
| WHEAT | 2016-12-12 | [Louis Dreyfus to open Russian grain terminal \| Dry Bulk](https://feedsoft.ai/events/73348-louis-dreyfus-to-open-russian-grain-terminal-dry-bulk.md) | +1.1% | +2.0% |

## Sources

- asiapacific.ca: https://www.asiapacific.ca/asia-watch/vancouvers-new-grain-terminal-bets-asian-markets

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