RIO DE JANEIRO, BRAZIL - The prolongation of a workers' strike in the ports of Argentina may disrupt wheat flour millers' operations in Brazil, especially if the labor action is not called off before the end of the year, industry representatives were quoted in the Brazilian media.
More than one hundred cargo ships are facing delays to load agricultural products in Argentina, including wheat that Brazil imports to produce flour and by-products.
Brazilian government data published on Monday showed incoming wheat volumes as dropping, a sign that the Argentine strike is taking a toll on imports. On an annual comparison . . .