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CN Rail says service is back to normal weeks after the eight-day strike, but more than 10,000 grain cars went unshipped during the stoppage. Western farmers report delayed contracts from October and November that remain unfilled.
The remaining backlog means delayed Canadian grain deliveries into export channels, which can keep spot Canadian wheat and canola supplies tight near term.
theglobeandmail.comChristopher ReynoldsDec 20, 2019After 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.
