# Tentative deal reached in Metro Vancouver grain strike, federal minister says - MRO MagazineMRO Magazine

> Canada's labour minister said striking grain terminal workers in Metro Vancouver and their employers reached a tentative labour deal. The Grain Workers Union Local 333 said members would ratify by Oct. 4 and return to work pending the vote, ending a strike that had paralyzed grain shipments from the port.

- Date: 2024-09-23 · published 2024-09-23T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/27884-tentative-deal-reached-in-metro-vancouver-grain-strike-federal-minister-says
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Vancouver handles roughly half of Canada's exported grain, so the stoppage was delaying canola and wheat shipments during harvest. Ending it eases logistics bottlenecks and should ease upward pressure on canola and wheat export basis.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-09-28 | [Vancouver grain workers reach tentative deal to end strike - AgCanada](https://feedsoft.ai/events/27885-vancouver-grain-workers-reach-tentative-deal-to-end-strike-agcanada.md) | +0.6% | -6.3% |
| WHEAT | 2022-09-15 | [Potential food crisis averted as rail strike deal is reached \| Food Dive](https://feedsoft.ai/events/39626-potential-food-crisis-averted-as-rail-strike-deal-is-reached-food-dive.md) | +5.5% | -9.2% |
| WHEAT | 2020-07-15 | [Vancouver’s New Grain Terminal Bets on Asian Markets](https://feedsoft.ai/events/52092-vancouver-s-new-grain-terminal-bets-on-asian-markets.md) | +0.6% | -1.7% |
| WHEAT | 2016-12-21 | [G3 to proceed with port grain terminal at Vancouver - Manitoba Co-operator](https://feedsoft.ai/events/73438-g3-to-proceed-with-port-grain-terminal-at-vancouver-manitoba-co-operator.md) | -0.1% | +3.1% |
| WHEAT | 2017-08-18 | [North Vancouver grain terminals export at record levels](https://feedsoft.ai/events/69436-north-vancouver-grain-terminals-export-at-record-levels.md) | -3.4% | +2.9% |

## Sources

- financialpost.com: https://financialpost.com/pmn/grain-farmers-urge-intervention-as-metro-vancouver-terminal-workers-prep-strike
- mromagazine.com: https://www.mromagazine.com/2024/10/01/tentative-deal-reached-in-metro-vancouver-grain-strike-federal-minister-says/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
