MarketsFarm — Cargo movement through the Port of Thunder Bay is running ahead of the previous year’s pace, with some of the extra movement tied to increased canola exports to Europe, according to the latest data from the port authority.
Total cargo movement in September of 1.1 million tonnes compares with the 919,386 tonnes reported in September 2018.
Of that total, grain shipments in September 2019 of 880,532 tonnes were up from the 831,085 tonnes moved during the same month the previous year, according to the port data.
The Port of Thunder Bay said grain shipments trended upward this season as a result of increased canola deliveries from Western Canada being shipped to Europe.
A total of 128,900 tonnes of canola have shipped from the Port of Thunder Bay during the first two months of the 2019-20 marketing year, according to the latest weekly data from the Canadian Grain Commission.
That compares with only 19,300 tonnes at the same point a year ago, and the five-year average of roughly 80,000 tonnes.Tagged Canola, Europe, exports, grain, port of thunder bay, Thunder Bay, tonnes, western canada