MarketsFarm — Grain shipments through the Port of Thunder Bay are running well ahead of the previous year’s pace, according to updated data from the Lake Superior facility.
Grain shipments through the end of June of about 2.5 million tonnes were up by 760,000 from the same point the previous year. Monthly shipments in June of 685,862 tonnes were up by 10 per cent from the same month in 2022.
Meanwhile, shipments of western Canadian potash to date, at 297,115 tonnes, are down by 32 per cent on the year due to a slower start to the season, but the monthly shipments in June at 205,336 tonnes were well above the 157,145 tonnes moved in June 2022.
Canada is the world’s largest exporter of potash. Thunder Bay, the only export port on the St. Lawrence Seaway for potash, handles shipments moving to Europe, North Africa and South America.
