In Argentina, employees of the soybean processing companies went on strike indefinitely tonight. The aim of the strike is to increase wages due to the rapid growth of consumer prices in Argentina. Annual inflation in Argentina is over 25%.
Argentina is the top importer of soybean meal needed for cattle and pigs in Europe and Asia. In addition, Argentina is number one in the export of soybean oil for the food sector and for the production of biodiesel.
The strike became necessary because negotiations with the employers failed, according to Daniel Yofra, Secretary General of the Workers' Association. The strike will affect the southern part of Rosario Harbor, but not the main export hub of San Lorenzo further north, where workers are organized in another union.
/ Graphic: Statista
Argentina is the top importer of soybean meal needed for cattle and pigs in Europe and Asia. In addition, Argentina is number one in the export of soybean oil for the food sector and for the production of biodiesel.
The strike became necessary because negotiations with the employers failed, according to Daniel Yofra, Secretary General of the Workers' Association. The strike will affect the southern part of Rosario Harbor, but not the main export hub of San Lorenzo further north, where workers are organized in another union.
/ Graphic: Statista
