Argentine grains truck traffic grinds to a halt as strike hardens

Argentine grains truck traffic grinds to a halt as strike hardens
# 13 April 2022 05:19 (UTC +04:00)

Argentine truck owners extended a grains transport strike on Tuesday, bringing grains haulage traffic to a virtual halt at the peak of the harvest season in the world's leading exporter of processed soy and number two shipper of corn, APA reports citing Reuters.

The protest, demanding higher freight rates as inflation spirals, started on Monday, leaving important roadways for carrying grains for producers to the ports without the normal jam of trucks which occurs every year from around April.

The indefinite strike has not yet hit exports because the ports have large stored reserves of grains, but a prolongation of the protest could start to affect shipments. About 85% of Argentina's grain is transported around the country by truck.

"We will come out of the strike with a new rate schedule. Otherwise we won't come out of the strike at all," Pablo Agolanti, vice president of the Federation of Argentine Carriers (FETRA), told Reuters.

The country's transport ministry in a statement called for a meeting on Wednesday at 10:00 local time (1300 GMT) to continue the "dialogue" with the truckers.

Regarding the impact of the protest, local agricultural logistics company AgroEntregas said that "there is no truck movement" towards the port terminals. Its data showed just 57 grains trucks entering ports, down from over 6,000 on April 9.

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THE OPERATION IS BEING PERFORMED