Loading…
Argentine oilseed unions and exporters failed to reach a wage agreement on June 24 after more than four hours of talks at the National Labor Secretariat. The unions' demand is a 20% wage increase, and a final hearing is set for June 25, just hours before the mandatory conciliation period expires.
A strike at Argentina's key oilseed export corridor would disrupt crushing and shipments of soybean meal and oil, tightening global supply and supporting meal and oil prices.
spglobal.comPhillip HerringJun 24, 2026After 167 past bullish logistics events, SBM moved a median +0.5% over 5 sessions (54% higher; middle half -1.8% to +2.9%), and -1.2% over 20.
After 85 past bullish logistics events, SBO moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
