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Mark Hemmes, Canada's grain monitor, says rail movement from country elevators to port terminals is the main bottleneck in western Canada's grain system. Grain companies market based on expected rail capacity rather than global demand.
Western Grain Elevator Association executive director Wade Sobkowich says more rail capacity would increase competition for farmers' grain during peak export periods.
Rail constraints limit how much Canadian grain can reach export positions during peak international price windows, which can keep Canadian export basis and supply timing tight for buyers.
manitobacooperator.caAllan DawsonFeb 21, 2019After 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.
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.
