Logistics putting on the pressure — this week in the grain markets

by

Opinion

Grain markets were mixed for the 3rd week of November, but winter wheat prices finally had a green week of performance thanks to strong export activity and concerns of how the 2020 crop is starting out. Supporting the cash markets has been the slow state of Harvest 2019 and farmers being less inclined to sell, now that they’re getting some much-needed cash from the second round of trade war aid payments. One of the major headlines this week was the dwindling propane supply levels in Ontario and Quebec. The main reason behind the crunch is the CN Railway strike. As…

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