# Biden signs legislation avoiding rail strike | World Grain

> 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.

- Date: 2022-12-05 · published 2022-12-05T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/38255-biden-signs-legislation-avoiding-rail-strike-world-grain
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Signing completes the removal of a rail shutdown risk for grain and feed ingredients, supporting normal shipment flows and freight pricing.

## Read by commodity

- DDGS: neutral
- BARGE: bearish ▼

## Sources

- world-grain.com: https://www.world-grain.com/articles/17809-biden-signs-legislation-avoiding-rail-strike

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.