# Rail strike still looms as holdup stretches on - Manitoba Co-operator

> Canadian rail workers voted to strike in May, but no picket lines have formed because the federal labour minister asked the Canadian Industrial Relations Board to review which services must stay essential. Grain industry groups say the delay adds uncertainty and could lengthen any eventual service interruption.

- Date: 2024-06-27 · published 2024-06-27T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/29789-rail-strike-still-looms-as-holdup-stretches-on-manitoba-co-operator
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A prolonged Canadian rail stoppage would slow grain and fertilizer movement to export terminals, which can widen Canadian basis and firm export-linked prices while disrupting farm-input deliveries.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-22 | [Rail lockout compounds grain transport woes - Manitoba Co-operator](https://feedsoft.ai/events/42315-rail-lockout-compounds-grain-transport-woes-manitoba-co-operator.md) | +2.0% | -9.1% |
| WHEAT | 2017-04-12 | [Rail strikes on hold as enterprise bargaining continues - Grain Central](https://feedsoft.ai/events/71504-rail-strikes-on-hold-as-enterprise-bargaining-continues-grain-central.md) | -1.0% | +1.6% |
| WHEAT | 2019-12-20 | [Grain backlog still looms large as CN Rail returns to normal service after strike  \| Globalnews.ca](https://feedsoft.ai/events/55604-grain-backlog-still-looms-large-as-cn-rail-returns-to-normal-service-after.md) | +0.3% | +2.3% |
| WHEAT | 2024-04-18 | [Rail strike looms as CN, CPKC workers take action to a vote - Grainews](https://feedsoft.ai/events/30759-rail-strike-looms-as-cn-cpkc-workers-take-action-to-a-vote-grainews.md) | +0.5% | +2.4% |
| WHEAT | 2024-02-20 | [Teamsters Canada warns rail strike looms over pay, hours at CN, CPKC - FreightWaves](https://feedsoft.ai/events/31689-teamsters-canada-warns-rail-strike-looms-over-pay-hours-at-cn-cpkc-freightwaves.md) | -3.5% | -4.2% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/news-opinion/news/rail-strike-still-looms-as-holdup-stretches-on/

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