# Labor Agreements End Strike and Reopen Seaway System

> An agreement between the St. Lawrence Seaway Management Corporation and Unifor ended the strike that began October 22 at 13 Canadian locks, reopening the Great Lakes-Seaway system. Imports and exports had ceased for about a week while the union negotiated.

- Date: 2023-11-02 · published 2023-11-02T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/33192-labor-agreements-end-strike-and-reopen-seaway-system
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Reopening clears a backlog of soybean and grain exports from US Midwest and Canadian origins, easing near-term freight and transit constraints for feed ingredients.

## Read by commodity

- SOY: neutral
- CORN: neutral
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-11-02 | [Farmers call for quick resolution to Seaway workers’ strike – The North Grenville Times](https://feedsoft.ai/events/33191-farmers-call-for-quick-resolution-to-seaway-workers-strike-the-north-grenville.md) | +4.5% | +4.0% |
| SOY | 2022-09-15 | [Railroads reach labor deal, avoid potentially crippling strike \| 2022-09-15 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/39624-railroads-reach-labor-deal-avoid-potentially-crippling-strike-2022-09-15-agri.md) | -2.8% | -7.2% |
| SOY | 2023-02-13 | [Record setting dredging season comes to an end > St. Louis District > News Stories](https://feedsoft.ai/events/16649-record-setting-dredging-season-comes-to-an-end-st-louis-district-news-stories.md) | -1.0% | -2.8% |
| SOY | 2020-09-01 | [Chile trucker strike snarls shipments of salmon, fruit and grain \| Financial Post](https://feedsoft.ai/events/51124-chile-trucker-strike-snarls-shipments-of-salmon-fruit-and-grain-financial-post.md) | +2.3% | +4.4% |
| SOY | 2023-08-10 | [Soybean handlers relieved as Vancouver port strike ends \| FarmersForum.com](https://feedsoft.ai/events/34609-soybean-handlers-relieved-as-vancouver-port-strike-ends-farmersforum-com.md) | -6.8% | -6.0% |
| CORN | 2023-11-13 | [Seaway strike halts St. Lawrence shipping](https://feedsoft.ai/events/33189-seaway-strike-halts-st-lawrence-shipping.md) | -0.5% | -1.7% |
| CORN | 2021-05-28 | [Argentine port strike ends after vaccination agreement - DatamarNews](https://feedsoft.ai/events/47127-argentine-port-strike-ends-after-vaccination-agreement-datamarnews.md) | -0.6% | -0.3% |
| CORN | 2023-11-02 | [Farmers call for quick resolution to Seaway workers’ strike – The North Grenville Times](https://feedsoft.ai/events/33191-farmers-call-for-quick-resolution-to-seaway-workers-strike-the-north-grenville.md) | +1.4% | -2.0% |

## Sources

- iasoybeans.com: https://www.iasoybeans.com/newsroom/article/strike-ends-with-reached-labor-agreement

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