Argentine oilseed workers strike goes into the weekend, exports affected

Argentine oilseed workers and grains inspectors continued a more than week-old on strike on Friday, bogging down soymeal production and agricultural exports with no sign that a wage deal might be reached in the short term.

Soymeal manufacturing and export companies have been in talks with oilseed workers’ unions over a 2021 wage contract. Both sides accuse the other of intransigence in the talks.

“We are requesting that they stop the strike and come back to the negotiating table as soon as possible. No answer so far,” said Gustavo Idigoras, head of Argentina’s CIARA-CEC chamber of exporters and oilseed crushing companies.

Also on strike is the Urgara union of grains inspectors needed to keep crops flowing from Argentina’s export ports.

Nasdaq

Tags: exports affected, oilseed workers strike