Loading…
The deadline for President Biden to block a freight rail strike was approaching, with rail-dependent ports saying they would keep cargo moving despite an expired contract at the start of July. Ports rely on railroads to deliver many of the goods they handle.
Port and rail disruption would slow grain and feed export and import flows, adding freight cost pressure for commodity buyers.
apnews.comJosh FunkJul 14, 2022Not 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.
