# COFCO says second person dies following Argentina port blast

> A second employee of COFCO International has died after a explosion at the company's grains terminal in Rosario, Argentina. Seven others remain hospitalized, and the cause is under investigation. Grain-crushing workers and port unions are on strike, and export activity across the port is paralyzed.

- Date: 2017-12-29 · published 2017-12-29T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/67505-cofco-says-second-person-dies-following-argentina-port-blast
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Argentina is the world's largest soymeal exporter, so a halt to crushing and shipping at Rosario removes meal and grain supply from the global market. This is likely supportive for soymeal and soybean prices until operations resume.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-11-13 | [First Thing Today: Dual Port Strikes Hit Argentina - Drovers](https://feedsoft.ai/events/49997-first-thing-today-dual-port-strikes-hit-argentina-drovers.md) | +1.4% | -1.0% |
| SBM | 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) | +0.3% | -2.6% |
| SBM | 2026-04-21 | [Arab News \| Argentina port protest delays at least 10 ships waiting to load grains](https://feedsoft.ai/events/19734-arab-news-argentina-port-protest-delays-at-least-10-ships-waiting-to-load-grains.md) | +3.0% | +4.4% |
| SBM | 2018-05-01 | [Argentine port collision may spark Australian cottonseed sales](https://feedsoft.ai/events/65598-argentine-port-collision-may-spark-australian-cottonseed-sales.md) | -1.9% | -3.0% |
| SBM | 2024-04-29 | [Argentina oilseed union calls port strike, ETHRWorld](https://feedsoft.ai/events/30762-argentina-oilseed-union-calls-port-strike-ethrworld.md) | +6.0% | +11.1% |
| SOY | 2020-11-13 | [First Thing Today: Dual Port Strikes Hit Argentina - Drovers](https://feedsoft.ai/events/49997-first-thing-today-dual-port-strikes-hit-argentina-drovers.md) | +3.6% | +2.1% |
| 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% |
| SOY | 2026-04-21 | [Arab News \| Argentina port protest delays at least 10 ships waiting to load grains](https://feedsoft.ai/events/19734-arab-news-argentina-port-protest-delays-at-least-10-ships-waiting-to-load-grains.md) | +1.0% | +4.1% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/cofco-says-second-person-dies-140535493.html

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