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The ILWU and PMA are negotiating a new port labour contract covering wages, work rules and benefits, with both sides outlining their positions. Reports mention threatened lockouts and possible strike action if talks stall.
A potential West Coast port lockout or strike would disrupt US grain and soybean exports, which could lift export basis and freight costs. No stoppage has yet occurred, so the impact remains speculative.
blog.gettransport.comDec 9, 2025After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
