The Oilseed Federation and the San Lorenzo local union extended a national strike by 24 hours over wage demands. Workers are staging gate sit-ins at plants, and the stoppage is disrupting grain export activity.
Employers' chambers did not offer a new wage proposal after the failed hearing.
Stoppages at Rosario-area crushing plants reduce soybean meal and oil shipments and can push meal and oil prices higher while the strike continues.
After 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.