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Dozens of rail blockades across Canada have effectively shut down CN service, stranding freight and passengers. A University of Manitoba economist says grain ships waiting in harbours are costing farmers money.
Extended rail shutdowns raise shipping delays and costs that flow back to Prairie grain prices and feed supply chains.
globalnews.caSkylar PetersFeb 15, 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.
Not 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.
