# Argentina grains strike lifted as lawmakers push forward divisive reforms

> Striking union workers had paralyzed business at Argentina's top grain ports, holding up shipments of soybeans, corn and wheat. The strike has now been lifted as lawmakers push forward divisive reforms.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13929-argentina-grains-strike-lifted-as-lawmakers-push-forward-divisive-reforms
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Resumed port loadings release the backlog of soymeal, soyoil and grain shipments, easing the supply squeeze and pressuring meal and oil prices lower. Renewed labor action remains a risk.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-01-07 | [Argentine Grains Inspectors End Strike \| Feed & Grain](https://feedsoft.ai/events/49137-argentine-grains-inspectors-end-strike-feed-and-grain.md) | +4.1% | +0.5% |
| SBM | 2024-08-12 | [Argentina grains shipments at ports normalizing after strike suspension \| Reuters](https://feedsoft.ai/events/13903-argentina-grains-shipments-at-ports-normalizing-after-strike-suspension-reuters.md) | -6.5% | -2.3% |
| SBM | 2020-12-28 | [Argentina Calls Meeting to End Grains Port Strike \| Feed & Grain](https://feedsoft.ai/events/49667-argentina-calls-meeting-to-end-grains-port-strike-feed-and-grain.md) | +2.9% | +4.6% |
| SBM | 2022-06-30 | [Argentina trucker strike ends, boosting grains exports](https://feedsoft.ai/events/14029-argentina-trucker-strike-ends-boosting-grains-exports.md) | -0.8% | +4.4% |
| SBM | 2021-01-08 | [Argentine port strike with port-side grain inspectors ends \| 2021-01-08  \| World Grain](https://feedsoft.ai/events/49136-argentine-port-strike-with-port-side-grain-inspectors-ends-2021-01-08-world.md) | +5.6% | +1.0% |
| SBO | 2024-08-12 | [Argentina grains shipments at ports normalizing after strike suspension \| Reuters](https://feedsoft.ai/events/13903-argentina-grains-shipments-at-ports-normalizing-after-strike-suspension-reuters.md) | -5.1% | -2.1% |
| SBO | 2020-12-30 | [Argentine soy crushers sign deal with oilseed workers, ending strike](https://feedsoft.ai/events/49491-argentine-soy-crushers-sign-deal-with-oilseed-workers-ending-strike.md) | +3.0% | +1.9% |
| SBO | 2020-12-30 | [Argentine soy workers reach deal on wage hike, ending strike \| Buenos Aires Times](https://feedsoft.ai/events/49496-argentine-soy-workers-reach-deal-on-wage-hike-ending-strike-buenos-aires-times.md) | +3.0% | +1.9% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/argentina-grains-ports-hit-by-strikes-second-day-industry-officials-say-2024-04-30/

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