Argentine oilseed union threatens strike in key soy processing plants

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.

• Jun 3, 2021Argentine oilseed and grain shipments under threat from new strike…-1.8%
• Apr 29, 2024Argentina oilseed union calls port strike, ETHRWorld+6.0%
• Feb 6, 2018Trucks strike threatens Argentine cereal exports and soy crushing industry — MercoPress+9.4%
• Jun 27, 2024Argentine oilseed union strikes as labor reform up for vote+1.8%
• Apr 24, 2023Argentine transporters strike, threatening grains shipments | Financial Post-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.

• Jun 3, 2021Argentine oilseed and grain shipments under threat from new strike…+2.9%
• Apr 29, 2024Argentina oilseed union calls port strike, ETHRWorld-3.9%
• Feb 6, 2018Trucks strike threatens Argentine cereal exports and soy crushing industry — MercoPress-2.0%
• Jun 27, 2024Argentine oilseed union strikes as labor reform up for vote+4.8%
• Apr 24, 2023Argentine transporters strike, threatening grains shipments | Financial Post-1.4%

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.

• Apr 29, 2024Argentina oilseed union calls port strike, ETHRWorld+3.6%
• Feb 6, 2018Trucks strike threatens Argentine cereal exports and soy crushing industry — MercoPress+3.3%
• Dec 23, 2020Weather and ports' strike in Argentina boosting soy and cereals prices — MercoPress+4.5%
• Sep 29, 2020Argentine cereal and oilseed exports stopped by grain inspectors' strike — MercoPress+2.5%
• May 9, 2024Argentine grains ports and crushing plants idled due to general strike - DatamarNews+0.1%