Thunder Bay grain exports continue at strong pace

MarketsFarm — Grain shipments through the Port of Thunder Bay continue to run at a strong pace, with season-to-date volumes of 4.2 million tonnes up 26 per cent on the year.

A total of 961,419 tonnes of grain were shipped through the port, located on the northern shores of Lake Superior, in July, port officials reported in a release. That’s up by about 110,000 tonnes from the same month the previous year and accounted the bulk of the business at the port.

Strong shipments are expected to continue through the fall, as Canadian farmers are set to harvest a large crop, the release added.

Of the vessels loading at the port, a total of 73 were destined for foreign destinations so far this season. That’s up from 47 the previous year.

Increased demand from Europe and the Middle East for Canadian grain was said to be behind some of the movement, according to previous reports.

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