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Canadian National may face a strike from roughly 3,000 employees represented by the Teamsters Canada Rail Conference, with a possible walkout on November 19 if no deal is reached. Potash miners and the Agricultural Producers Association of Saskatchewan are worried about supply chain disruption during heavy November grain movements.
The union continues to negotiate with the railway.
Any strike would slow rail-dependent exports of Canadian grain and potash, which could tighten supply in export markets and lift prices for affected products.
rtands.comDavid C. LesterOct 30, 2019Not enough comparable past events yet for a historical read.
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.
