Loading…
The SOEA oilseed crushing union said on October 28, 2020 that a companies' COVID-19 bonus offer of about 11,000 pesos was far short of the 70,000 pesos demanded. The union said further strike action was almost certain after a 24-hour strike the prior week.
The labor ministry is mediating.
Continued labor unrest at Argentine crushers could slow soymeal and soyoil exports from the world's largest meal supplier, supporting meal prices.
elehrouh.blogspot.comMonita SeoOct 28, 2020After 167 past bullish logistics events, SBM 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, SBO moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% 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.
