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Mid Canada Transload Services is building an inland port and rail siding near Letellier, Manitoba, about 11 km north of the US border. The facility will offer daily rail service to the US and Mexico and start with a few hundred thousand bushels of storage.
Added rail-served grain storage in southern Manitoba could ease shipping constraints for producers and improve access to US and Mexican buyers. The impact on prices is limited while the project is still at the planning stage.
producer.comBrian CrossMay 11, 2017After 13 past logistics events, Oats moved a median -1.9% over 5 sessions (23% higher; middle half -5.2% to -0.6%), and +1.5% 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.
