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Truckers burning down a soybean oil plant in Argentina
Hey, all. Still trying to get some details on this, but just got word from Luis down in Brazil (I'm sure he can weigh in with more later here) that truckers lit a soybean oil processing plant in Argentina on fire yesterday. Here's what Luis says so far:
"The quality control facility was totally destroyed last night by the flames. After 8PM, the fire was put out. Nearly 1,500 truckers were waiting at the line there."
Wow! I'm digging around to find more on it and will chat with Luis too. What do you think? Will it matter to the market today?
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Re: Truckers burning down a soybean oil plant in Argentina
red, red, red on my screen
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Re: Truckers burning down a soybean oil plant in Argentina
More beans available for export.
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Re: Truckers burning down a soybean oil plant in Argentina
That's how you negotiate.
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Re: Truckers burning down a soybean oil plant in Argentina
To protest by burning down the facility you were waiting to unload at is akin to our friends in Ferguson and Baltimore looting and burning their own neighborhood to protest police brutality. If you're going to burn down something, burn somebody else's place, not your own.
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Re: Truckers burning down a soybean oil plant in Argentina
Who said it was the truckers that wait there burned it?
If it was just the quality control facility probably easily replaced.