Feb 24, 2020

Canadian Rail Blockades Concern Grain Industry

Ships are having to be turned around when they come into ports

source: Global News

Rail blockades have sprung up in various parts of the country this month in support of Wet’suwet’en hereditary chiefs who oppose the construction of the Coastal GasLink pipeline in northern British Columbia, reportsGlobal News.

Foothills MP John Barlow said when ships from other countries come into port, they are having to be turned around.

“There is nowhere for them to anchor and they are going to be going to other suppliers like Peru, Australia [and] the United States,” he toldGlobal News.

“We have lost some very important trading partners and our reputation on the global market is irreparably tarnished.”

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Marketwatch: Apr, 01

US Corn Price Idx:ZCPAUS.CM

open: 7.1383
high: 7.4387
low: 7.0912
close: 7.2031

US Soybean Price Idx:ZSPAUS.CM

open: 16.1463
high: 16.2608
low: 15.5983
close: 15.6467

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 9.8492
high: 10.2626
low: 9.6702
close: 9.6816

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 9.6639
high: 10.0539
low: 9.3721
close: 9.3785