We’ve been posting weekly reports detailing what information our sensors have captured regarding Canada’s grain shipments. Here’s this week’s data:
Observations for Week 10/18-10/24/2022
For the past five weeks, the railways have appeared to be doing well with movement toward Vancouver. Total train volume is above the 25.7 trains/day required to move the current grain harvest, and the typical volume of other commodities. Most of the additional trains above the year-to-date average are grain trains.
We estimate that about 5 grain trains/day are required to move the expected grain harvest. For the past week, the railways moved 8.7 grain trains/day, close to the high of about 9 grain trains/day that was achieved in early October. For the first time in five weeks, the volume of coal trains (4.9 trains/day) was close to its long-term average of 5 trains/day, rather than being significantly below average, as was the case earlier this fall.
We will continue to monitor the Grain Harvest in Canada on a weekly basis, and provide updates on trends we’re seeing.
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