Another strike at Argentine ports underway as Covid-19 spreads

( )

Argentine port workers launched another 48-hour strike at midnight as they continue to push to be designated essential workers so they can receive Covid-19 vaccines. Eleven unions announced the work stoppage, saying a strike was necessary "given the exponential increase in cases, the regrettable loss of several colleagues and the failure of all negotiations we have held with national authorities.”

A similar strike last week at its main Rosario port upended traffic and stranded seven ships due to falling water levels along the Parana river. The last of those ships was freed on Tuesday.

Harvest of the country’s soybean and corn crops are underway. Argentina is the world’s top exporter of soymeal and its No. 3 exporter of corn.

 

Latest News

Friday Wrap Up | May 20, 2022

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

After the Bell | May 20, 2022

Wheat futures extend steep selloff on heavy liquidation to end lower on week; soybeans surge to four-week high.

Another bearish placements figure

USDA's estimated April placements down 0.9% from last year, whereas traders expected a 4.6% decline, on average.

Pro Farmer's Daily Advice Monitor

Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.

House Passes Gas Bill | May 20, 2022

Malaysia maintains palm oil export tax, France's wheat crop ratings soften and Biden Administration lends flexibility to refiners on RFS requirements...