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The federal public service strike involving about 155,000 workers entered its sixth day, with picket lines expanding to ports and airports across the country. The government offered a signing bonus, but the two sides showed no sign of a deal.
Extended picketing at grain terminals threatens export inspection and loading schedules, which could tighten near-term Canadian grain supply to buyers.
theglobeandmail.comBill Curry, Vanmala Subramaniam, Eric AtkinsApr 24, 2023After 283 past bullish logistics events, WHEAT moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
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.
