
The strike at Argentine oilseed plants was approaching its seventh day as wage talks stalled. It mainly affects terminals north of Rosario on the Parana River, which ship more than 80% of Argentina's agricultural and agro-industrial exports.
A prolonged halt to crushing and shipping tightens near-term supply of soymeal and soyoil and keeps prices firm.
After 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 85 past bullish logistics events, SBO moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% 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.