Loading…
Richardson International's Jean-Marc Ruest urged the federal government to pass back-to-work legislation ahead of the CP rail strike and to treat grain transport as an essential service. The company is stockpiling grain at processing plants and warning customers of possible disruptions.
Pre-strike stockpiling and expected delivery disruptions tighten near-term grain availability in Canada, supporting feed grain and canola meal prices until rail service is confirmed.
cbc.caCBC NewsMay 29, 2018Not enough comparable past events yet for a historical read.
After 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.
