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Canadian National says its grain shipments have returned to pace seen before a November eight-day strike by about 3,200 workers. CN reports it returned to peak hopper-car shipments by the second week of December and can again accept all customer orders needing hopper cars.
Faster grain movement from Canadian elevators eases logistics bottlenecks for Canadian grain and canola, supporting farm delivery and export flows, though the strike's backlog keeps some supply timing uncertain.
freightwaves.comTodd MaidenDec 12, 2019Not enough comparable past events yet for a historical read.
After 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.
