# Processed soybean workers in Argentina launch strike over wage dispute

> Two unions representing soybean oil plant workers announced a joint strike over wages at all soybean oil plants in Argentina. The action halts activity at one of the world's largest processed soybean export hubs.

- Date: 2024-08-06 · published 2024-08-06T12:00:00.000Z
- Category: logistics · region Argentina · magnitude high
- Page: https://feedsoft.ai/events/13904-processed-soybean-workers-in-argentina-launch-strike-over-wage-dispute
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A nationwide halt at crushing plants cuts meal and oil output and delays exports, which lifts world soymeal and soyoil prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-11-09 | [Argentine Grain Port Workers Strike Over Wages](https://feedsoft.ai/events/50155-argentine-grain-port-workers-strike-over-wages.md) | +1.5% | +1.1% |
| SBM | 2020-10-14 | [Argentine crush workers launch strike action over wage demands - Fastmarkets](https://feedsoft.ai/events/50481-argentine-crush-workers-launch-strike-action-over-wage-demands-fastmarkets.md) | +3.7% | +10.1% |
| SBM | 2017-03-30 | [Argentine Port Workers Suspend Strike after Protester Run Over](https://feedsoft.ai/events/72010-argentine-port-workers-suspend-strike-after-protester-run-over.md) | -1.9% | -1.7% |
| SBM | 2020-11-11 | [Grain Port Worker Strike Delays Ships in Argentina](https://feedsoft.ai/events/50154-grain-port-worker-strike-delays-ships-in-argentina.md) | +0.3% | -2.6% |
| SBM | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -3.0% | -11.3% |
| SBO | 2020-11-09 | [Argentine Grain Port Workers Strike Over Wages](https://feedsoft.ai/events/50155-argentine-grain-port-workers-strike-over-wages.md) | +5.1% | +10.0% |
| SBO | 2020-10-14 | [Argentine crush workers launch strike action over wage demands - Fastmarkets](https://feedsoft.ai/events/50481-argentine-crush-workers-launch-strike-action-over-wage-demands-fastmarkets.md) | -1.2% | +6.9% |
| SBO | 2020-11-11 | [Grain Port Worker Strike Delays Ships in Argentina](https://feedsoft.ai/events/50154-grain-port-worker-strike-delays-ships-in-argentina.md) | +4.0% | +7.5% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/processed-soybean-workers-argentina-launch-strike-over-wage-dispute-2024-08-06/

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