◂ Event Timeline

Feb 14, 2017LOGISTICSUS

Weather delaying grain exports from Pacific Northwest - Brotherhood of Locomotive Engineers and Trainmen

Harsh winter weather has delayed rail shipments of US grain to ports in the Pacific Northwest, according to Railway Age. Exporters shipping to Asian markets are struggling with the delays.

WHY IT MATTERS

Slow rail movement to Pacific ports can hold back export sales and widen Pacific Northwest basis discounts. Delayed shipments tend to weigh on near-term US wheat prices.

AFFECTSWheat (SRW)▼

SOURCE
blet.orgWalt SchmidtFeb 14, 2017

Price reaction & history

Wheat (SRW)▼bearishSO FAR1d -0.1%5d -0.8%20d -1.2%

After 137 past bearish logistics events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.

May 9, 2024Black Sea Grain Exports 1Q-2024: Blood, Sweat, and Tears • BRS Shipbrokers+2.0%
Jun 18, 2020Grain exports flow fast as pandemic lockdowns clear rail capacity - Grainews+2.0%
Aug 9, 2017Grain exports from sea ports increased by 65% — Latifundist.com+0.3%
Jan 29, 2026Low water on US rivers shifts some export paths | World Grain-0.5%
Apr 23, 2024Analysts note decline in freight rates for grain transportation from Danube ports, Odessa-1.3%

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.

Wheat (SRW) WHEAT · GP ▸

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