Adding to ag supply chain concerns, Canadian Pacific rail workers are planning to strike, if necessary, according to their union. This labor dispute at one of the largest railways in Canada could be another disruptor in global supply chains impacting farmers’ ability to procure fertilizers. The nearly 3,000 workers voted for a plan to strike on March 16, a decision that is especially impactful as Canada is one of the main sources of the world’s potash.
Canadian Pacific representatives have stated they’ve offered wage increases and have agreed to 20 union demands. Meanwhile, lumber prices have risen amidst shipping woes, making the threat of a strike another challenge in an already tough situation. Given the timing, any stoppage of work this time of year will have a potentially devastating impact on U.S. farmers.
Read more on the potential Canadian Pacific strike here.
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