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Road deliveries to Victorian ports exceeded rail this year, with one grain company (Emerald Grain) shifting about 60 per cent of its volume to road versus its usual rail share. Heat restrictions and a week-long Pacific National rail strike contributed to the shift.
Higher road freight and rail disruption raise delivered grain costs and can delay sales, which can widen regional basis and affect grain flows to Victorian export ports.
abc.net.auJess DavisJul 5, 2017Not 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.
