# Fertilizer Market Report – July 19, 2023 - Genesis Fertilizers

> Some 7,500 ILWU dock workers struck at Canada's Pacific ports on July 1 and returned after a 13-day stoppage. A tentative four-year wage deal was reached, pending ratification, and the strike had disrupted Port of Vancouver and Prince Rupert operations.

- Date: 2023-07-19 · published 2023-07-19T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/7008-fertilizer-market-report-july-19-2023-genesis-fertilizers
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Resuming operations at Vancouver and Prince Rupert eases the backlog of grain and commodity exports, which should reduce upward pressure on ocean freight rates.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- genesisfertilizers.com: https://genesisfertilizers.com/2023/07/19/fertilizer-market-report-july-19-2023/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.