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The Argentine Federation of Port Stevedores (FEPA) declared a state of alert in solidarity with SUPA Rosario, which is in a dispute with Terminal Puerto Rosario (TPR). The union rejects a proposed change to the collective agreement that would lengthen working hours, and says TPR also wants to freeze wages and refuses a salary review that would raise pay by about 100%.
A national stevedore strike at Argentina's grain export ports, which handle a large share of soymeal and soyoil shipments, could delay loadings and widen basis discounts for Argentine product. That would tighten nearby export supply and support prices for meal and oil.
monitorgremial.com.arNov 3, 2026After 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.
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.
After 285 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.
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.
