# Great Lakes port strike ending, ag impacts ongoing - Brownfield Ag News

> A tentative agreement on October 29 was expected to end the eight-day Great Lakes port strike, with union workers returning on October 30. A Canadian grain trader said soybean basis had weakened about 20 cents a bushel and corn had gone no-bid during the stoppage.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: logistics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/33673-great-lakes-port-strike-ending-ag-impacts-ongoing-brownfield-ag-news
- 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

Resumed Seaway traffic should ease the export backlog, but the short navigation season means lost shipping time cannot be fully recovered, so freight and basis may stay firm into winter.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-01-11 | [Progress on Lower Mississippi River dredging helps growers - Brownfield Ag News](https://feedsoft.ai/events/16736-progress-on-lower-mississippi-river-dredging-helps-growers-brownfield-ag-news.md) | -1.0% | +14.1% |
| SOY | 2018-11-26 | [Report: River dredging will benefit farmers - Brownfield Ag News](https://feedsoft.ai/events/61939-report-river-dredging-will-benefit-farmers-brownfield-ag-news.md) | +1.6% | +0.3% |
| SOY | 2020-10-13 | [Soybeans, corn recover some losses - Brownfield Ag News](https://feedsoft.ai/events/11787-soybeans-corn-recover-some-losses-brownfield-ag-news.md) | +2.0% | +6.9% |
| SOY | 2020-08-03 | [Partnership signed to begin dredging lower Mississippi - Brownfield Ag News](https://feedsoft.ai/events/51506-partnership-signed-to-begin-dredging-lower-mississippi-brownfield-ag-news.md) | -3.0% | +5.9% |
| SOY | 2024-10-22 | [Soybeans, corn continue to rise - Brownfield Ag News](https://feedsoft.ai/events/11150-soybeans-corn-continue-to-rise-brownfield-ag-news.md) | -0.7% | +2.9% |
| CORN | 2022-01-11 | [Progress on Lower Mississippi River dredging helps growers - Brownfield Ag News](https://feedsoft.ai/events/16736-progress-on-lower-mississippi-river-dredging-helps-growers-brownfield-ag-news.md) | -2.8% | +4.1% |
| CORN | 2020-10-13 | [Soybeans, corn recover some losses - Brownfield Ag News](https://feedsoft.ai/events/11787-soybeans-corn-recover-some-losses-brownfield-ag-news.md) | +2.6% | +4.2% |
| CORN | 2020-09-28 | [Argentine port workers cease activity for 24 hours - Brownfield Ag News](https://feedsoft.ai/events/51127-argentine-port-workers-cease-activity-for-24-hours-brownfield-ag-news.md) | +3.1% | +8.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/great-lakes-port-strike-ending-ag-impacts-ongoing/

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