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Teamsters-represented CN conductors and yard workers ratified a three-year contract with 91.3 percent approval, ending the labor dispute that followed an eight-day strike in November. The strike had disrupted grain and propane movement.
The labor deal reduces the risk of future rail stoppages, lowering the chance of further freight and grain export disruptions in Canada.
agcanada.comAGCanadaFeb 1, 2020
grainews.caGlacier FarmMedia staff, GFM Network NewsJan 31, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% 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.
