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Strikes over French pension reform have disrupted rail and port activity, leaving grain companies struggling to move wheat and barley to ports for export. Soufflet said 23 scheduled trains were cancelled, and Axereal reported 120 cancelled trains.
Firms are turning to costlier truck transport, which has pushed up local wheat prices.
Export logistics constraints from France, the EU's largest grain producer, reduce available supply for export vessels while raising handling costs, which supports European wheat prices and strengthens competing origins.
scceu.orgJan 12, 2020After 283 past bullish logistics events, WHEAT 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.
