A four-day-old strike by Argentine grain transporters, demanding higher freight rates in the face of rising diesel prices due to war in Ukraine, has paralyzed farming exports, industry sources said Thursday.
Thousands of trucks that haul grain and its derivatives have parked along the side of the road in the South American country, which is the world’s largest exporter of soybean flour and oil, and one of the main suppliers of wheat, soybean and corn.
“The entire agricultural export complex is paralyzed. The Argentine economy cannot afford this luxury,” said Gustavo Idigoras, president of the Ciara-CEG oil and grain exporters chamber, in a statement.—APP
