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Argentine truck drivers ended their strike, and Reuters reported that grain transport was not affected. The strike had been called over demands for higher hauling rates.
With the strike over and no disruption to grain movements, the supply risk to Argentine export flows has passed, so there is little price impact for feed commodities.
globalportsforum.comOct 25, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% 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.
