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Pension-reform strikes in France, now almost eight weeks old, are disrupting rail freight and port operations. Merchants are struggling to move wheat and barley to ports, and the article warns of severe impact on grain exports if no quick resolution is reached.
Intercereales reports more than 450,000 tonnes blocked in ports.
Prolonged export disruption from France tightens near-term EU wheat and barley supply for export buyers, supporting prices and favoring alternative origins.
graincentral.comGuest AuthorJan 28, 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.
