# Grain receivers will strike at ports

> Argentina's grain receivers union Urgara announced a port work stoppage from March 19 to March 25, arguing grain classification is not essential under the COVID-19 isolation decree. Business chambers warned the strike could jeopardize loading of 18 ships carrying about 2.2 million tonnes of grain, and a mandatory conciliation by the Labor Ministry was expected.

- Date: 2020-03-21 · published 2020-03-21T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/54137-grain-receivers-will-strike-at-ports
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Disrupted port loadings delay Argentine soybean, meal and corn export flows, tightening nearby supplies and supporting meal and oil prices while shipments are held up.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2020-03-22 | 5 | +11.8% | 5.4 | Argentine port grain receivers' strike (Mar 19-25) put loading of 18 ships and 2.2 Mt at risk, tightening soymeal export supply. |
| SOY | 2020-03-23 | 5 | +7.4% | 3.5 | The Argentine port strike threatened loading of 18 ships carrying about 2.2 million tonnes of grain, which would cut the supply reaching export markets and support US soybean prices. |
| SBM | 2020-03-18 | 1 | +3.6% | 4.4 | Argentine grain receivers' port strike from March 19 threatened loading of 18 ships, which implies tighter soymeal export supply from the world's top exporter and supports prices. |
| SBM | 2020-03-24 | 1 | -3.1% | -3.3 | The Argentine port strike was set to end March 25 with mandatory conciliation expected, so easing supply fears could remove the premium. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-05-24 | [Strike Hits Grain Exports at Argentine Port \| Feed & Grain](https://feedsoft.ai/events/47128-strike-hits-grain-exports-at-argentine-port-feed-and-grain.md) | -0.7% | -6.8% |
| 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% |
| SBM | 2025-04-09 | [Strike halts grain ship traffic at Argentina's Rosario ports](https://feedsoft.ai/events/25141-strike-halts-grain-ship-traffic-at-argentina-s-rosario-ports.md) | +1.4% | -1.3% |
| SBM | 2020-12-01 | [Argentina Port Workers Strike, Affect Shipments \| Feed & Grain](https://feedsoft.ai/events/49664-argentina-port-workers-strike-affect-shipments-feed-and-grain.md) | -1.7% | +8.6% |
| SBM | 2018-02-08 | [Argentine truck strike pressures more ports, lowers grain cargos](https://feedsoft.ai/events/66508-argentine-truck-strike-pressures-more-ports-lowers-grain-cargos.md) | +10.3% | +13.5% |
| SOY | 2020-12-01 | [Argentina Port Workers Strike, Affect Shipments \| Feed & Grain](https://feedsoft.ai/events/49664-argentina-port-workers-strike-affect-shipments-feed-and-grain.md) | -0.9% | +10.9% |
| SOY | 2018-02-08 | [Argentine truck strike pressures more ports, lowers grain cargos](https://feedsoft.ai/events/66508-argentine-truck-strike-pressures-more-ports-lowers-grain-cargos.md) | +3.5% | +7.2% |
| SOY | 2020-11-11 | [Grain Port Worker Strike Delays Ships in Argentina](https://feedsoft.ai/events/50154-grain-port-worker-strike-delays-ships-in-argentina.md) | +2.8% | +1.8% |

## Sources

- aduananews.com: https://www.aduananews.com/en/recibidores-de-granos-haran-paro-en-puertos/

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