September 02, 2015: Thunder Bay Grain Shipments Moderate: Remain well above average
THUNDER BAY GRAIN SHIPMENTS MODERATE; REMAIN WELL ABOVE AVERAGE
The Port of Thunder Bay experienced a typical August, with grain volumes returning to near-normal levels. Monthly grain shipments were just under 650,000 metric tonnes, which is 5% higher than the five-year average for August. Year-to-date grain shipments remain 23% above the five-year average. Grain volumes are at their second highest level at this point in the season since 1997, trailing only 2014 during that period.
For the last year and a half, grain volumes through the port have been well above normal following strong harvests on the Canadian prairies in 2013 and 2014. The normalization of shipments at the Port this August indicates that the carry-over from these harvests has mostly worked its way through the system. Harvesting of the current crop has begun, and predictions peg the 2015 harvest as average in size.
Thunder Bay Port Authority anticipates strong use of the Port and the Seaway System for grain shipments through to the end of the season.
Keefer Terminal, the Port Authority’s general cargo facility, is reporting a successful season to date. Ten shipments of a variety of cargoes have been handled at the terminal so far this year.