August 10, 2010

Strike may affect Argentine soy and corn exports

Argentine soy and corn exports may be disrupted as workers who control the quality of grains and oilseed start a two-day strike.

The protest will interrupt operations at all bean and cereals gathering plants in the country, the union, known as Urgara, said in a statement on Monday (Aug 9).

The strike was announced after salary talks failed, the union said. The union demands a 40% increase while employers are offering 25%, the statement said.

Argentina is the world's third-largest exporter and producer of soy and the second-largest exporter of corn, according to reports. The largest exporters in Argentina are Cargill Inc. and Bunge Ltd.