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Washington State tree fruit leaders warn that the West Coast longshore contract expiring in July 2019 could bring a repeat of the 2014 port stand-off. The 2014 dispute cost Washington farms and businesses an estimated $769.5 million.
The risk of a future West Coast port labor stoppage raises long-term logistics risk for US export grain and food shipments, but no action is occurring now.
yakimaherald.comJon DeVaney, Washington State Tree Fruit AssociationJul 9, 2017Not 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.
