On-the-Ground Updates

Grain receivers and oil producers in Argentina still on strike

Barley
Wheat
Argentina
Market & Price Trends
Innovation & Technology
Dan Kleiner
Published Dec 11, 2020
The strike began on Wednesday, December 9th at 6 AM local time, and was supposed to last 24 hours. Nevertheless, since both parties could not come to a wage agreement, the strike is still ongoing. In addition to blocking the activity of exporters and curbing the entry of foreign currency, the strike in the grain ports that two unions are carrying out is causing problems for producers in the middle of the barley and wheat harvest. Losses are estimated in over USD 200M.

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