Loading…
The oilseed workers' union SOEA began a 24-hour strike that affects oilseed plants across Argentina. Union leader Daniel Succi says the wage offer of 12% falls short of the 25% demand and of inflation.
The union will decide on further action depending on the employers' and government's response.
Nationwide plant stoppages reduce Argentine soybean meal and oil output and exports, supporting meal and oil prices. The risk grows if the strike is extended beyond 24 hours.
degremiales.comNov 2, 2026After 167 past bullish logistics events, Soybean Meal 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, Soybean Oil 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.
