Canadian wheat, oil prices steady despite weather-driven rail, pipeline disruptions

摘要

Western Canadian wheat and crude prices remained steady Nov. 17 even as widespread flooding and debris flows in British Colombia shut down major rail and pipeline services into the province. Canadian Western Red Spring Wheat 13.5% FOB Vancouver basis (30-45 days forward) was unchanged from Nov. 16, despite the Port of Vancouver being cut off from rail services. CWRS wheat was assessed Nov. 16 by S&P Global Platts at a $1.01/bushel premium to MGEX Hard Red Spring Wheat March futures.