(Bloomberg) — A shortage of containers at Vancouver’s port is slowing Canada’s exports of lentils and peas, the latest ripple in a phenomenon that has roiled trade.
Companies are rushing to get the steel boxes to Asia so that consumer goods made in factories there can be shipped to North America in time for the busy Christmas shopping season. It’s a more profitable move for the shippers than waiting for agricultural products to be loaded and sent.
As a result, tons of pea and lentil crops — known as pulses — from the world’s biggest producer remain in storage on farms and in elevators, far from the port on Canada’s Pacific Coast.
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