Argentina’s grains ports are facing a major disruption as strike action against government reforms enters its second day, impacting shipments of soy, corn, and wheat from one of the world’s top grains exporting countries.
Industry officials have reported that the ports of Rosario are being affected by the strike measures taken by the oilseed federation and the SOEA union. Guillermo Wade, manager of the Chamber of Port and Maritime Activities, stated that the strikes are causing significant delays in port operations.
Gustavo IdÃgoras, head of the CIARA-CEC chamber of grain exporters and processors, confirmed that there are currently no operations taking place in the ports due to the ongoing strike.
The strike was initiated by Argentina’s oilseed and maritime worker unions in protest against a labor reform bill supported by President Javier Milei. The bill, which aims to lower the threshold for salaries subject to income tax, has faced opposition from various groups.
Argentina is a key exporter of processed soybeans, and revenue from grains exports plays a crucial role in generating foreign currency for the government. The disruption in port operations could have significant economic implications for the country, which is already facing a challenging economic environment.
As the strike continues, stakeholders are closely monitoring the situation and evaluating their next steps. President Milei’s reform agenda is facing resistance, highlighting the deep divisions within Argentine society over economic policies and priorities.