A maritime workers' strike led by FESIMAF began a 48-hour walkout on February 18 against a planned labor reform. The grain exporters' chamber said it was paralyzing shipments through Argentine ports.
The SOEA oilseed crushing union also announced a 24-hour strike.
Stoppages at Argentine ports and crushing plants delay soymeal and soyoil exports and can lift global meal prices. The effect should fade once work resumes.
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 85 past bullish logistics events, Soybean Oil moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% 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.
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.