This year's harvest under possible threat of Canada's supply chain shortcomings
BNN Bloomberg
This year's important harvest has farmers hopeful it will make up for last year's poor crop yield, yet supply chain stalls could put a further wrench in agriculture profits.
The Western Grain Elevator Association said that capacity remains stable but not comfortable, as grain elevator levels reach 85 per cent, leading to fears of grain delivery delays.
Western Canada's grain harvest is an estimated 75 million tonnes this year, said Wade Sobkowich, executive director for the Western Grain Elevator Association, as drought, floods and wildfires contributed to a below average harvest of 49 billion tonnes the year prior.
Sobkowich said 85 per cent is an acceptable fulfilment level. When the rate drops below that, railcar delays impact the entire supply chain, leading to a buildup at the grain elevators and slow down farmer deliveries.