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Australian Workers Union members are considering protected industrial action at GrainCorp Victorian grain sites over a wage dispute. The union says offered pay rises of 1.8 per cent are below inflation, and a vote will be tallied later in the week.
Possible strikes at GrainCorp handling sites could slow grain receivals and port loading in Victoria, a modest supply-chain risk for export grain prices.
thecourier.com.auGregor HeardJul 25, 2017After 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.
