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Longshore workers at British Columbia's seaports voted to accept a new four-year labour deal, ending five weeks of disruption at Canada's West Coast. The ILWU Canada ratification vote returned 74.66% in favor.
The federal labour and transport ministers said they would review how the disruption unfolded.
The four-year contract reduces the risk of future port stoppages, which supports more predictable Canadian export flows and freight costs for feed buyers.
grainews.caDave Bedard, GFM Network NewsAug 8, 2023Not 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.
