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German train drivers' union GDL launched its third strike in under a month, lasting from Sept. 1 to Sept.
7 amid a pay dispute with Deutsche Bahn. Up to 70% of rail freight movements may be affected, with 200 freight trains already hit by early morning.
Rail disruption in Germany can delay European feed and grain movements and raise inland freight costs, though the impact on world commodity prices is limited.
theloadstar.comAlex LennaneSep 2, 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.
