
Argentina's oilseed workers called off a planned indefinite strike after a government order, but Vicentin workers plan to strike over a wage dispute with Vicentin and other oilseed firms. The strike was set to affect the country that is the largest supplier of soybean oil and meal.
Labor action at crushing plants and ports disrupts meal and oil supply from the largest exporter, which can lift global meal prices. Uncertainty over the strike's scope adds volatility.
After 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.