Customs brokers' employees strike over wage talks, causing full blockades at Buenos Aires port

After 167 past bullish logistics events, SBM moved a median +0.5% over 5 sessions (54% higher; middle half -1.8% to +2.9%), and -1.2% over 20.

• Aug 8, 2024Soy-crush workers extend strike over pay to third day | Buenos Aires Times-4.6%
• Nov 9, 2020Argentine Grain Port Workers Strike Over Wages+1.5%
• Jul 8, 2021UPDATE 2-Argentine province orders ports strike to be lifted while wage talks resume+1.5%
• Sep 27, 2020Argentine grains port workers to strike after talks collapse | Financial Post+3.7%
• Nov 13, 2020Lobby warns of national strike as Argentine crush workers’ wage talks…+1.4%

After 85 past bullish logistics events, SBO moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% over 20.

• Aug 8, 2024Soy-crush workers extend strike over pay to third day | Buenos Aires Times-4.4%
• Nov 9, 2020Argentine Grain Port Workers Strike Over Wages+5.1%
• Nov 13, 2020Lobby warns of national strike as Argentine crush workers’ wage talks…+4.8%
• Jun 24, 2026Argentina oilseed wage talks continue as strike risk enters decisive phase | S&P Global-2.8%
• Nov 13, 2020First Thing Today: Dual Port Strikes Hit Argentina - Drovers+4.8%

After 284 past bullish logistics events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.

• Jul 8, 2021UPDATE 2-Argentine province orders ports strike to be lifted while wage talks resume+3.4%
• Sep 27, 2020Argentine grains port workers to strike after talks collapse | Financial Post+3.1%
• Mar 21, 2020Grain receivers will strike at ports-0.8%
• Mar 30, 2017Argentine Port Workers Suspend Strike after Protester Run Over+0.9%
• Jun 8, 2021Customs strike to impact Argentina’s grain exports | World Grain-2.0%