More than 100 cargo ships were kept from loading agricultural goods in Argentina on Monday, as a wage strike by grains inspectors and oilseed workers stretched into its second week, paralyzing exports from one of the world's breadbaskets.Argentina is the No. 1 international exporter of soymeal livestock feed used to fatten hogs and poultry from Europe to Southeast Asia.
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The union representing Argentine port-side grain inspectors said on Thursday it had ended a month-long wage strike after reaching a contract deal with export companies that will allow international soy, corn and wheat shipments to return to normal.The deal was struck after a marathon negotiation session with Argentina's private ports chamber on Wednesday.
Loading of more than 140 agricultural export ships in Argentina has been stalled by a port-side oilseed workers' strike that started on Dec. 9, the head of the local chamber of soymeal manufacturers said on Monday, on the eve of talks on a new contract.The CIARA-CEC chamber of soy byproduct manufacturers will meet on Tuesday with the two main unions representing oilseed workers to try and hammer
Argentine oilseed workers and grains inspectors said on Wednesday they will spend Christmas on strike, further bogging down agricultural exports by extending a work stoppage that started on Dec. 9.The latest offer from the CIARA-CEC chamber of soyoil manufacturers and exporters was issued late on Tuesday.
The loading of five cargo ships in different grains ports in Argentina has been stalled for days due to strikes by port workers, the labor union representing the employees and an industry source said on Wednesday.ADM and the local ACA cooperative have each had a ship waiting since Saturday to complete cargo loading at the companies' terminals in Puerto General San Martín and San Lorenzo
labor union representing Argentine grains port workers said on Thursday that it suspended a scheduled strike over wages after the government called for talks between the workers and their companies.The URGARA union, which represents inspectors who check the quality of grains before they are loaded onto ships, said the strike, previously set to begin on Friday
Shallow water in Argentina's Parana River will slow exports and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities.Drought has pushed the Parana to its lowest level in decades, complicating transportation and soymeal production.