# Argentine crush workers launch strike action over wage demands - Fastmarkets

> Argentina's crushing-plant union federation FTCIOD launched an indefinite nationwide strike on October 13, 2020 to demand reopening of salary talks. The action affects most crushing plants and grain ports except those in the San Lorenzo area, with adherence reported near 100%. Affected firms include Cargill, Bunge, Louis Dreyfus and Glencore.

- Date: 2020-10-14 · published 2020-10-14T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/50481-argentine-crush-workers-launch-strike-action-over-wage-demands-fastmarkets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A prolonged shutdown of Argentine crushing cuts meal and oil output from the world's top soymeal exporter, supporting soymeal and soyoil prices and tightening feed supply.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-13 | [Lobby warns of national strike as Argentine crush workers’ wage talks…](https://feedsoft.ai/events/49995-lobby-warns-of-national-strike-as-argentine-crush-workers-wage-talks.md) | +3.6% | +2.1% |
| SOY | 2021-05-20 | [New strike actions renew pressure on Argentine grain shipments - Fastmarkets](https://feedsoft.ai/events/46937-new-strike-actions-renew-pressure-on-argentine-grain-shipments-fastmarkets.md) | -2.3% | -13.6% |
| SOY | 2017-03-30 | [Argentine Port Workers Suspend Strike after Protester Run Over](https://feedsoft.ai/events/72010-argentine-port-workers-suspend-strike-after-protester-run-over.md) | -2.6% | -2.4% |
| SOY | 2019-09-07 | [Argentine oil workers begin strike  - Ships & Ports](https://feedsoft.ai/events/57098-argentine-oil-workers-begin-strike-ships-and-ports.md) | +4.7% | +8.4% |
| SOY | 2021-01-22 | [Argentina's Atlantic ports paralysed as lorry drivers strike deepens - Fastmarkets](https://feedsoft.ai/events/49133-argentina-s-atlantic-ports-paralysed-as-lorry-drivers-strike-deepens-fastmarkets.md) | -1.2% | +0.5% |
| SBM | 2020-11-13 | [Lobby warns of national strike as Argentine crush workers’ wage talks…](https://feedsoft.ai/events/49995-lobby-warns-of-national-strike-as-argentine-crush-workers-wage-talks.md) | +1.4% | -1.0% |
| SBM | 2024-08-06 | [Processed soybean workers in Argentina launch strike over wage dispute](https://feedsoft.ai/events/13904-processed-soybean-workers-in-argentina-launch-strike-over-wage-dispute.md) | -9.4% | -11.3% |
| SBM | 2020-11-09 | [Argentine Grain Port Workers Strike Over Wages](https://feedsoft.ai/events/50155-argentine-grain-port-workers-strike-over-wages.md) | +1.5% | +1.1% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/argentine-crush-workers-launch-strike-action-over-wage-demands/
- thepoultrysite.com: https://www.thepoultrysite.com/news/2020/10/argentinas-oilseed-workers-go-on-strike-at-key-ports

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