Workers at ADM’s North Star Shipping grain silos in Romania’s Black sea port of Constanta said on Monday an indefinite strike scheduled to start on July 15 had been averted after reaching a deal on wages. An indefinite strike at the Constanta port silos could have severely impacted grain supplies to Egypt, the world’s largest wheat importer, and where ADM is an active exporter. Egypt closed its local wheat supply season on Monday, meaning imports would be the sole supply source.
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