Loading…
A national strike by Argentine soybean mill workers led to crusher and port shutdowns in the Rosario region after an incident between the Coast Guard and biodiesel plant workers. Chicago soybean meal futures reacted with volatility, and the strike comes before a harvest already expected to fall short of projections.
Halted crushing and port loadings at Rosario, the main export hub, cut meal supply and support global soybean meal prices. The strike's duration will determine how much export volume is lost.
spglobal.comMar 13, 2025After 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 206 past bullish logistics events, SOY moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% 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.
