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Antares Ship Agents' daily Argentina bunker report says independent truck drivers are blocking entrances to the ports of Bahia Blanca and Necochea over government-regulated freight tariffs. The drivers say the tariffs no longer cover replacement costs amid inflation forecast near 50% this year.
Tolls on the Parana and River Plate waterways are also in transition, with tender plans for dredging.
Port blockades and waterway toll changes raise Argentine export logistics costs and risk delays for soy and corn shipments, which supports Argentine FOB premiums and can lift global meal and corn prices if disruption persists.
antaresshipping.comGaston AlaimoAug 2, 2021After 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 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.
Not enough comparable past events yet for a historical read.
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.
