# Report: Bunge to shutter Argentine soy crushing plant | World-grain.com | July 25, 2018 13:55 | World Grain

> Bunge is reported to be planning to shut its soy crushing plant at the port of Ramallo in Buenos Aires province, affecting about 60 workers. The report, citing Reuters, has not been confirmed by Bunge. A union representative said workers were informed on July 23 and the union plans a protest strike that could extend to other Argentine port areas.

- Date: 2018-07-25 · published 2018-07-25T12:00:00.000Z
- Category: logistics · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/63873-report-bunge-to-shutter-argentine-soy-crushing-plant-world-grain-com-july-25
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Closing a crushing plant removes processing capacity from one of Argentina's major soymeal and soyoil hubs, which can tighten meal and oil availability at the margin and modestly affect export flows. The impact is limited to a single plant, but a broader strike could disrupt port crush and shipping.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-10-19 | [Pending strike could hurt grain shipments in Argentina \| 2018-10-19  \| World Grain](https://feedsoft.ai/events/62381-pending-strike-could-hurt-grain-shipments-in-argentina-2018-10-19-world-grain.md) | -3.8% | -3.4% |
| SBM | 2024-05-09 | [Argentine grains ports and crushing plants idled due to general strike - DatamarNews](https://feedsoft.ai/events/13924-argentine-grains-ports-and-crushing-plants-idled-due-to-general-strike.md) | -1.2% | -4.9% |
| SBM | 2018-07-27 | [Brazil still feeling the impact of truck driver strike \| World-grain.com \| July 27, 2018 12:18 \| World Grain](https://feedsoft.ai/events/64059-brazil-still-feeling-the-impact-of-truck-driver-strike-world-grain-com-july-27.md) | +0.1% | -5.7% |
| SBM | 2021-06-08 | [Customs strike to impact Argentina’s grain exports  \| World Grain](https://feedsoft.ai/events/46603-customs-strike-to-impact-argentina-s-grain-exports-world-grain.md) | -3.3% | -1.6% |
| SBM | 2020-09-27 | [Argentine grains port workers to strike after talks collapse \| Financial Post](https://feedsoft.ai/events/51122-argentine-grains-port-workers-to-strike-after-talks-collapse-financial-post.md) | +3.7% | +14.7% |
| SBO | 2018-10-19 | [Pending strike could hurt grain shipments in Argentina \| 2018-10-19  \| World Grain](https://feedsoft.ai/events/62381-pending-strike-could-hurt-grain-shipments-in-argentina-2018-10-19-world-grain.md) | -2.2% | -4.6% |
| SBO | 2024-05-09 | [Argentine grains ports and crushing plants idled due to general strike - DatamarNews](https://feedsoft.ai/events/13924-argentine-grains-ports-and-crushing-plants-idled-due-to-general-strike.md) | +2.4% | +4.3% |
| SBO | 2020-11-09 | [Argentine Grain Port Workers Strike Over Wages](https://feedsoft.ai/events/50155-argentine-grain-port-workers-strike-over-wages.md) | +5.1% | +10.0% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10726-report-bunge-to-shutter-argentine-soy-crushing-plant

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