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Biden signed on December 2 the legislation averting a rail strike that he said would have been an economic catastrophe. Rail moves about a quarter of U.S. grain and most grain products used in animal feed.
Signing completes the removal of a rail shutdown risk for grain and feed ingredients, supporting normal shipment flows and freight pricing.
world-grain.comSusan ReidyDec 5, 2022Not enough comparable past events yet for a historical read.
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.
