Loading…
United Workers Union said about 330 workers at SunRice, CopRice and Australian Grain Storage in regional New South Wales and Victoria will strike on Feb. 1 and 2.
The dispute is over wages and conditions in a new enterprise agreement. The union says the company seeks to remove leave provisions and pay casual staff less than the award.
A short strike at a major rice miller and grain storage operator could cause small delays to Australian rice processing and storage. The effect on rice prices is likely minor given the short duration.
unitedworkers.org.auJan 27, 2022After 21 past bullish logistics events, Rough Rice moved a median -0.5% over 5 sessions (38% higher; middle half -2.0% to +1.8%), and +3.6% over 20.
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.
