Loading…
Vancouver grain terminals have repeatedly halted vessel loading during rain since January over crew safety concerns. Shippers are moving large volumes of recently harvested wheat and canola into the rainiest part of the year.
Delays are expected to continue as wet weather persists.
Loading delays at Canada's largest port can slow export flows and build inventories in the interior, which weighs on local grain and canola basis. The effect on global feed prices is modest.
vancouversun.comDec 27, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% 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.
