◂ Event Timeline

Nov 8, 2021LOGISTICSUS

Local 19 Votes 93% in favor of LDC grain agreement

ILWU Local 19 longshore workers at the Port of Seattle's North Harbor grain terminal ratified a new contract with Louis Dreyfus Company by a 93% vote. The deal achieves wage parity with TEMCO and is intended to set a benchmark for talks with other foreign-owned grain exporters.

WHY IT MATTERS

The contract settles labour costs at a Pacific Northwest grain terminal and lowers the risk of a near-term strike there, with limited effect on prices.

AFFECTSBarge Freight (St. Louis)Ocean Grain Freight Wheat (SRW)

SOURCE
ilwu.orgNov 8, 2021

Price reaction & history

Barge Freight (St. Louis)no directional read

Not enough comparable past events yet for a historical read.

Ocean Grain Freightno directional read

Not enough comparable past events yet for a historical read.

Wheat (SRW)no directional readSO FAR1d -2.8%5d -1.8%20d -2.2%

After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.

Jul 30, 2025Unions vote in favour of protected action at CBH Kwinana - Grain Central-0.7%
Oct 2, 2020CN Rail, Union Reach Tentative Agreement | Feed & Grain+1.9%
May 5, 2017Victorian grain trains ready to roll as agreement reached - Grain Central-1.3%
Jun 11, 2019Ukraine: in the first week of June, the seaports halved grain shipment volumes-4.7%
Jul 8, 2019Ukraine: in the first week of July, the seaports increased grain shipment volumes-1.2%

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.

Barge Freight (St. Louis) BARGE · GP ▸

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Ocean Grain Freight OCEANFRT · GP ▸

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