The shipping industry expects the Longshoremen’s Association to ratify their new contract this week, putting an end to months of uncertainty for farmers looking to move their grain.
“Hopefully, by the end of February, early March, there will be a new six-year contract, which, again, that’s very important to us, because that provides predictability, additional predictability when it comes to our supply chain,” said Soy Transportation Coalition’s Mike Steenhoek.
That vote could come as soon as tomorrow. Steenhoek expects both parties to pass the contract, which will be in effect until 2030.
Related Stories
Thu, 4/24/25, 2:30 PM ET – Commercial Cattle Video Auction LIVE
“What we’re hoping to do is just help our farmers have one more tool that they can help protect their livestock...”
“We don’t need to mandate these on the highway.”
“We’re going to get this $280 million out to those Rio Grande Valley farmers and make sure they can see another day and farm another crop.”
