# Railroads reach labor deal, avoid potentially crippling strike | 2022-09-15 | Agri-Pulse Communications, Inc.

> The nation's largest railroads reached a tentative labor agreement with unions on Thursday, averting a strike that could have halted freight. The deal raises wages 24% by 2024 and includes a $11,000 average immediate payment per worker upon ratification. Anhydrous ammonia embargoes were lifted, though delayed shipments will take time to clear.

- Date: 2022-09-15 · published 2022-09-15T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/39624-railroads-reach-labor-deal-avoid-potentially-crippling-strike-2022-09-15-agri
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Removing the strike threat restores normal grain and fertilizer rail flows, easing the bearish origin-basis pressure seen earlier in the week. Some lingering backlog could still delay deliveries into harvest.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-01 | [Senate clears bill to impose rail contract, block strike \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/38254-senate-clears-bill-to-impose-rail-contract-block-strike-agri-pulse.md) | -3.3% | +1.9% |
| CORN | 2022-09-15 | [Potential food crisis averted as rail strike deal is reached \| Food Dive](https://feedsoft.ai/events/39626-potential-food-crisis-averted-as-rail-strike-deal-is-reached-food-dive.md) | -2.0% | -2.3% |
| CORN | 2026-09-08 | [Grain exports flow again as Argentina reaches deal with striking pilots \| World Ports Organization](https://feedsoft.ai/events/17500-grain-exports-flow-again-as-argentina-reaches-deal-with-striking-pilots-world.md) | -0.2% | -0.2% |
| CORN | 2026-08-05 | [Grain flows again as Argentina reaches deal with striking pilots](https://feedsoft.ai/events/13782-grain-flows-again-as-argentina-reaches-deal-with-striking-pilots.md) | -0.5% | +12.4% |
| CORN | 2018-09-27 | [Strike action grounds ports, rail operations as congestion surcharge looms](https://feedsoft.ai/events/63042-strike-action-grounds-ports-rail-operations-as-congestion-surcharge-looms.md) | -0.5% | -0.3% |
| SOY | 2022-09-15 | [Potential food crisis averted as rail strike deal is reached \| Food Dive](https://feedsoft.ai/events/39626-potential-food-crisis-averted-as-rail-strike-deal-is-reached-food-dive.md) | -2.8% | -7.2% |
| SOY | 2026-09-08 | [Grain exports flow again as Argentina reaches deal with striking pilots \| World Ports Organization](https://feedsoft.ai/events/17500-grain-exports-flow-again-as-argentina-reaches-deal-with-striking-pilots-world.md) | -0.7% | -1.0% |
| SOY | 2026-08-05 | [Grain flows again as Argentina reaches deal with striking pilots](https://feedsoft.ai/events/13782-grain-flows-again-as-argentina-reaches-deal-with-striking-pilots.md) | -0.6% | +13.1% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/18249-railroads-reach-labor-deal-avoid-potentially-crippling-strike

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