
A 48-hour nationwide maritime strike led by FESIMAF on February 18 brought most Argentine ports close to a standstill. The action reportedly shut 17 grain terminals in the San Lorenzo-Timbúes corridor, and Buenos Aires terminals also halted operations.
It coincided with a CGT general strike against Milei's labor reform.
Grain and oilseed export delays from Argentina tighten near-term meal and oil supplies and can lift benchmark prices. The disruption was short, so the price effect is likely limited to the strike period.
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.
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.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% 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.