The union representing workers at Argentine oilseed processing plants in Rosario plans to continue its current strike that has shut down soybean processing at several facilities, holding up 88 ships. It now appears that other major strikes impacting the grain export sector will occur in June. Strike Continues to Block Grain Shipments from Argentina The union representing workers at oilseed processing plants in Rosario said it planned to continue the current strike through today as a result of not reaching an agreement for higher wages. The strike, which began 5 May, has now lasted for three weeks and shut down soybean processing at several facilities. As of Saturday, 88 ships were being held up as a result. While the union said that it ha...
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...