Supply of soy to Argentine livestock feed factories down by half and falling

After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.

• Dec 22, 2020Strike in Argentina affects livestock feed exports | Feed Strategy+4.2%
• Aug 19, 2021Argentinian soy meal market surges on demand, slow farmer selling | S&P Global-0.9%
• Nov 4, 2021Argentine oilseed workers ordered by government to end hours-long strike-2.3%
• Jan 6, 2021Soya prices stay firm despite end to Argentina's dock strike - Farmers Weekly+5.3%
• Sep 29, 2020Argentine cereal and oilseed exports stopped by grain inspectors' strike — MercoPress+2.5%

After 167 past bullish logistics events, Soybean Meal moved a median +0.5% over 5 sessions (54% higher; middle half -1.8% to +2.9%), and -1.2% over 20.

• Apr 20, 2020Labor and trucking woes hamper global food supply – Wyoming Livestock Roundup-0.2%
• Dec 22, 2020Strike in Argentina affects livestock feed exports | Feed Strategy+3.6%
• Sep 28, 2021Argentine exports of soy and oil products down $620 mi due to low water level on Paraná River - DatamarNews-4.2%
• Jul 9, 2021Drought brings shipping of soy products on Paraná River in Argentina to a halt+1.1%
• Feb 3, 2021Argentine Grain Exports Hit by Trucker Strike | Feed & Grain+1.9%

After 85 past bullish logistics events, Soybean Oil moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% over 20.

• Sep 28, 2021Argentine exports of soy and oil products down $620 mi due to low water level on Paraná River - DatamarNews+0.7%
• Jul 9, 2021Drought brings shipping of soy products on Paraná River in Argentina to a halt+3.0%
• Jan 21, 2021Teamsters protesting and blocking Argentine highways threaten domestic supplies and grain exports — MercoPress+2.8%
• Nov 4, 2021Argentine oilseed workers ordered by government to end hours-long strike-3.0%
• Apr 4, 2023Grain inspectors strike likely to impact Argentina’s soybean, corn trade-4.8%