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Grain farmers in eastern Ontario and western Quebec welcomed the end of the week-long CN Rail strike. They are waiting for propane deliveries, which were cut off by the strike, so they can dry and save their harvested crops.
One Quebec farmer said over 200 tonnes of wet corn would have been lost had the strike continued.
Delayed harvest and drying in eastern Canada could reduce corn quality and volumes available for sale. The resumption of rail service eases pressure on local feed grain supply.
cbc.caDarren MajorNov 27, 2019After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% 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.
