# Biden Blocks Rail Strike, Appoints Emergency Board | Feed & Grain

> President Biden signed an executive order effective July 18 blocking a nationwide U.S. rail strike for at least 60 days by appointing a Presidential Emergency Board. The board will hold hearings and issue recommendations within 30 days, after which the unions and railroads have 30 more days to negotiate before a mid-September self-help period.

- Date: 2022-07-21 · published 2022-07-21T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/40493-biden-blocks-rail-strike-appoints-emergency-board-feed-and-grain
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A possible rail stoppage during fall harvest would hamper grain and feed shipments, widening basis and freight costs and supporting feed-grain prices in affected regions.

## Read by commodity

- CORN: neutral
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-12-01 | [Grain Vessel Loading Activity Remains Strong \| Feed & Grain](https://feedsoft.ai/events/49849-grain-vessel-loading-activity-remains-strong-feed-and-grain.md) | -0.4% | +1.4% |
| CORN | 2020-08-28 | [Argentina: Grains Port Workers Delay Strike](https://feedsoft.ai/events/51435-argentina-grains-port-workers-delay-strike.md) | +0.0% | +5.4% |
| CORN | 2024-06-06 | [Port strike suspended at Argentine grains hub, ensuring flow of goods \| Reuters](https://feedsoft.ai/events/13916-port-strike-suspended-at-argentine-grains-hub-ensuring-flow-of-goods-reuters.md) | +6.9% | -1.4% |
| 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 | 2020-10-02 | [Barge Rates Decline, Spurring Basis at River Terminals \| Feed & Grain](https://feedsoft.ai/events/50834-barge-rates-decline-spurring-basis-at-river-terminals-feed-and-grain.md) | -1.1% | +5.3% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/news/15385008/biden-blocks-rail-strike-appoints-emergency-board

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