Japan’s minister in charge of the Trans-Pacific Partnership free trade [...]
Excerpted from Wolfe Research:
On Friday, the USDA released its initial grain production and grain export forecasts for the upcoming 2013-14 crop year. Total corn, wheat and soybean (the 3 major crops moved by the rails) production is expected to increase 22% y/y after dropping 8% last year and 14% in total the past 3 [...]
FOR IMMEDIATE RELEASE: Feb. 27, 2013 CONTACTS: Jennifer Sargent, ILWU, 503-703-2933 Mark Klein, TEMCO, 952-742-6211
The International Longshore and Warehouse Union (ILWU) Locals 23, 21, 19, 8 and 4 and U.S.-based grain company TEMCO, LLC today jointly announced that they have respectively ratified a 5-year interim collective bargaining agreement covering three TEMCO grain export facilities [...]
PORTLAND, OR (November 19, 2012) – After nearly three months of negotiations,the multinational grain corporations operating in the Columbia River and Puget Sound have given local workers a final offer that demands deep concessions from workers, even though the companies have been successful under the current agreement and impasse has not been reached in negotiations. [...]
An expected series of strikes will delay many shipments, but the overall effect on international grain markets is expected to be muted.
A strike would have to extend 20 days or more before global buyers are likely to shift purchases to the U.S. instead of Argentina, said Terry Reilly, analyst with Citigroup in Chicago. [...]
“Is (supply and demand) really driving the day-to-day price action in our marketplace? Oftentimes, I think the answer is not,” says Neil Driscoll, grain platform trader with Louis Dreyfus Commodities.
Big investors and investment groups are contributing to daily price changes, he said. Going forward, he said, “I think it’s important that every single day [...]
Products such as organic or genetically modified soybeans, which can’t travel in traditional hopper cars, are now being packed in containers that once sailed back empty to Asia after bringing retail goods to the U.S. That’s an opportunity for railroads to bring boxes of specialty grains to American ports.
Hauling containers laden with grain for [...]
Three people remained unaccounted for and two others were hospitalized in critical condition Sunday following an explosion at a grain elevator in northeast Kansas that killed three workers, authorities said.
Among the missing was one worker from the elevator company and two state grain inspectors.
More on this story at the Associated Press
Sept. 14: The Pacific Northwest Grain Elevator Operators and the International Longshore and Warehouse Union came to agreement on a labor agreement on Wednesday. The agreement is subject to ratification by the union.
The ILWU represents 4,000 men and women on the docks and in grain terminals in Oregon and Washington. The Pacific Northwest Grain [...]
Leal Sundet, Coast Committeeman for the Coast Longshore Division, has sent this letter to Cowlitz County Sheriff Mark Nelson:
September 15, 2011
Via first class mail and fax
Sheriff Mark S. Nelson Cowlitz County Sheriff’s Office 312 S.W. 1st Ave. Kelso, WA 98626
I am writing to urge you to change your current [...]
Negotiators with the International Longshore and Warehouse Union and Pacific Northwest Grain Elevator Operators have signed off on the deal, which must still approved by the union’s 4,000 members, ILWU officials said.
“This collective bargaining agreement between the union and the grain industry shows that there’s a positive relationship that meets the needs of both [...]
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