# G3 to proceed with port grain terminal at Vancouver - Manitoba Co-operator

> G3 Global Holdings will build a grain terminal at Port Metro Vancouver by 2020 at a cost above $500 million, with capacity of eight million tonnes annually. The project aims to increase wheat and canola shipments to Asia and Latin America, though some warn it could worsen port congestion.

- Date: 2016-12-21 · published 2016-12-21T12:00:00.000Z
- Category: logistics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/73438-g3-to-proceed-with-port-grain-terminal-at-vancouver-manitoba-co-operator
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Added export capacity from Vancouver could ease handling bottlenecks for Canadian wheat and canola over time, but congestion concerns could raise logistics costs in the interim.

## Read by commodity

- WHEAT: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-08-18 | [North Vancouver grain terminals export at record levels](https://feedsoft.ai/events/69436-north-vancouver-grain-terminals-export-at-record-levels.md) | -3.4% | +2.9% |
| WHEAT | 2019-02-21 | [Grain by rail fails to keep up - Manitoba Co-operator](https://feedsoft.ai/events/60606-grain-by-rail-fails-to-keep-up-manitoba-co-operator.md) | -3.2% | +0.7% |
| WHEAT | 2019-12-13 | [CN reports grain movement back at pre-strike pace - Manitoba Co-operator](https://feedsoft.ai/events/55603-cn-reports-grain-movement-back-at-pre-strike-pace-manitoba-co-operator.md) | +2.1% | +4.6% |
| WHEAT | 2020-07-15 | [Vancouver’s New Grain Terminal Bets on Asian Markets](https://feedsoft.ai/events/52092-vancouver-s-new-grain-terminal-bets-on-asian-markets.md) | +0.6% | -1.7% |
| WHEAT | 2018-06-04 | [Cargill launches a grain terminal in Ukraine - port.today](https://feedsoft.ai/events/64378-cargill-launches-a-grain-terminal-in-ukraine-port-today.md) | +0.2% | -1.4% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/g3-to-proceed-with-port-grain-terminal-at-vancouver/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.