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COVID-19 has disrupted containerized shipments of Canadian agricultural products, with 33 Asia-to-Vancouver blank sailings since January. Transloader yards are congested, causing rail car backlogs and delays of five to six weeks for containerized grain, pulses and meat.
Container backlogs and empty-box shortages delay Canadian feed and grain exports and can push freight costs higher, tightening export availability for buyers in Asia.
scceu.orgscceuMar 16, 2020Not 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.
