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Viterra workers in Saskatchewan suspended a planned strike for now so members could vote on the company's latest collective agreement offer. The union, representing 436 workers, says wages, workplace respect and work-life balance remain unresolved, and ratification ballots are to be counted on January 19.
Suspending the strike lowers the near-term risk of disruption at Western Canadian grain handling, so the immediate price impact is minimal.
cbc.caLaura SciarpellettiJan 6, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), 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.
