Argentina's oilseed workers' federation and the San Lorenzo union began a national strike after the industry chamber CIARA offered a 0% raise for May and only inflation-linked adjustments afterward. The unions say crushers earned extraordinary profits of US$3.74 billion from the export duty reduction.
A national strike at Argentine crushing plants can halt soybean processing, reducing output of meal and oil and tightening export supply. That is supportive for soymeal and soyoil prices while the stoppage lasts.
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.
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.
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.