Loading…
BCTGM members have struck Nabisco bakeries and distribution centers in Portland, Richmond, Chicago, Denver and Atlanta, with about 1,000 workers out. The dispute centers on health insurance for new hires and overtime premiums.
Labor disruption at a few snack plants has little direct bearing on grain, oilseed or feed demand and is unlikely to move feed prices.
nwlaborpress.orgDon McIntoshSep 1, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
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.
