# Global Ag News for Oct 31.24 - ADM Investor Services

> ADM Investor Services reported the same 24-hour Argentine transport strike, which blocked grain ships at Rosario. Unions protested layoffs, wages and plans to privatize Aerolineas Argentinas. A separate bus strike was planned for the following day, while the other ports kept working normally.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: logistics · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/13898-global-ag-news-for-oct-31-24-adm-investor-services
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Port delays at Rosario can briefly slow Argentine soymeal and grain exports, supporting nearby prices. The effect is temporary because the rest of the port was operating.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-04-30 | [Global Ag News for Apr 30.24 - ADM Investor Services](https://feedsoft.ai/events/30750-global-ag-news-for-apr-30-24-adm-investor-services.md) | +8.4% | +8.8% |
| SBM | 2024-12-27 | [Global Ag News for Dec 27.24 - ADM Investor Services](https://feedsoft.ai/events/11403-global-ag-news-for-dec-27-24-adm-investor-services.md) | -1.5% | +0.2% |
| SBM | 2020-04-20 | [Labor and trucking woes hamper global food supply – Wyoming Livestock Roundup](https://feedsoft.ai/events/53682-labor-and-trucking-woes-hamper-global-food-supply-wyoming-livestock-roundup.md) | -0.2% | -0.2% |
| SBM | 2020-09-28 | [Argentine port workers cease activity for 24 hours - Brownfield Ag News](https://feedsoft.ai/events/51127-argentine-port-workers-cease-activity-for-24-hours-brownfield-ag-news.md) | +3.7% | +14.7% |
| SBM | 2021-08-19 | [Argentinian soy meal market surges on demand, slow farmer selling \| S&P Global](https://feedsoft.ai/events/45644-argentinian-soy-meal-market-surges-on-demand-slow-farmer-selling-s-and-p-global.md) | -1.4% | -4.3% |
| CORN | 2020-09-28 | [Argentine port workers cease activity for 24 hours - Brownfield Ag News](https://feedsoft.ai/events/51127-argentine-port-workers-cease-activity-for-24-hours-brownfield-ag-news.md) | +3.1% | +8.8% |
| CORN | 2023-10-30 | [Great Lakes port strike ending, ag impacts ongoing - Brownfield Ag News](https://feedsoft.ai/events/33673-great-lakes-port-strike-ending-ag-impacts-ongoing-brownfield-ag-news.md) | -3.3% | -6.3% |
| CORN | 2022-04-22 | [Fertiliser prices hit new highs as multiple problems affect global supplies :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/41767-fertiliser-prices-hit-new-highs-as-multiple-problems-affect-global-supplies.md) | -0.2% | -2.1% |

## Sources

- admis.com: https://www.admis.com/global-ag-news-for-oct-31-24/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.