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The Senate cleared the House-passed bill 80-15 to impose the rail contract and block a strike, after rejecting a paid sick leave add-on. Farm groups had warned a shutdown would hit agricultural shipping amid drought-related barge rate increases on the Mississippi.
Ending the strike threat avoids a rail disruption that would have compounded high barge rates from low river levels, supporting freight costs and grain movement for feed buyers.
agri-pulse.comPhilip BrasherDec 1, 2022Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% 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.
