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Vancouver Fraser Port Authority data showed grain exports from North Shore terminals reached 5.7 million tonnes in January to June, up 9% from a record the prior year. Richardson International and Cargill completed capacity expansions, and two new grain terminals are under construction or in approval.
Expanding Pacific export capacity supports Canadian grain flows to Asian buyers. Improved logistics can narrow basis and support Canadian grain prices.
nsnews.comBrent RichterAug 18, 2017After 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.
