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Negotiations between the ILWU and the Pacific Maritime Association over the US West Coast port contract have resumed after a lengthy hiatus caused by a Seattle jurisdictional dispute. Beneficial cargo owners warn they will shift traffic to other gateways if no deal is reached soon.
Talks resuming reduces the chance of an immediate strike, but continued uncertainty could divert US agricultural exports to East and Gulf ports, affecting freight and export basis.
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.