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A lobby group led by a rail union official is pushing to reopen 700 kilometres of closed Tier 3 grain rail lines in Western Australia's Wheatbelt. The group wants an independent investigation and state and federal funding, and the lines have been closed since 2014.
Reopening Tier 3 lines would improve grain logistics in Western Australia, but the proposal is at an early advocacy stage with no near-term supply impact.
farmweekly.com.auBree SwiftMay 24, 2020After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% 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.
