Argentine port agents report higher-than-normal maize exports through upriver ports in January and February, now fading as the new harvest arrives. Buenos Aires and Rosario forecast soybean crops of 49.6 and 52 million tons.
Vicentin staff remain on strike over unpaid February wages, affecting berth and crushing operations.
The new maize harvest adds export supply and weighs on corn prices. The ongoing Vicentin strike disrupts meal crushing and shipping, supporting meal prices.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.
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.
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.