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Maximilian Heath

Argentine soy workers/exporters remain far apart in contract talks after strike

20 Oct 2020

BUENOS AIRES, Oct 20 Argentine soymeal exports were subject to a 24-hour strike by the main oilseed workers union, but local operations at Chinese export company COFCO were spared thanks to a special COVID-19 bonus it paid to employees, the union said on Tuesday.

UPDATE 1-Argentine authorities step in to end soy workers strike

14 Oct 2020

BUENOS AIRES, Oct 14 Argentine authorities on Wednesday ended a less-than-24-hour wage strike by the Federation of Oilseeds Workers that had temporarily halted local soy processing at plants owned by major shippers Cargill, Bunge , Glencore and Dreyfus.

UPDATE 1-Argentine oilseed workers start open-ended wage strike at some ports

13 Oct 2020

BUENOS AIRES, Oct 13 Argentina's Federation of Oilseeds Workers started an open-ended wage strike at 2 p.m. (1700 GMT) on Tuesday, the labor group said, with no sign yet of government intervention that would force members back to work while new contract talks are held.

Argentina's GDP to fall 11.8% in 2020 due to COVID-19, central bank poll says

10 Oct 2020

BUENOS AIRES Argentina's economy is set to contract by 11.8% in 2020, a slightly rosier outlook than a previous estimate of a 12.1% drop, according to a central bank survey of economists and analysts on Friday.

International banks sue Argentine soy giant Vicentin over debts

09 Oct 2020

BUENOS AIRES, Oct 9 A group of international banks have filed a criminal complaint against Argentine soy crusher Vicentin, the company said on Friday, vowing to fight what it called the "baseless" claims being made against it.

Exclusive: Argentina first country to approve GMO wheat

08 Oct 2020

BUENOS AIRES Argentina has approved HB4 drought-resistant GMO wheat by biotechnology firm Bioceres SA , the company and the government said on Wednesday, making it the first country in the world to approve a strain of GMO wheat.

EXCLUSIVE-Argentina to approve Bioceres drought resistant GMO wheat -government document

07 Oct 2020

BUENOS AIRES, Oct 7 Argentina will approve the commercialization of HB4 drought-resistant GMO wheat by biotechnology firm Bioceres SA, according to a government document seen by Reuters that is expected to be published in the official gazette on Thursday. (Reporting by Maximilian Heath; writing by Cassandra Garrison; Editing by Rosalba O'Brien)

Argentina cuts soy export tax rate in bid to boost FX reserves

03 Oct 2020

BUENOS AIRES Argentina has temporarily cut soybean export taxes by 3 percentage points to 30% to help stimulate trades, the government announced, as the country struggles with recession and dwindling foreign reserves.

'Goodbye, teacher': Argentina mourns after death of beloved cartoonist Quino

01 Oct 2020

BUENOS AIRES Argentines held a day of national mourning after the death of the country's beloved cartoonist "Quino," whose comic character Mafalda, an Argentine girl with shock black hair and strong political views, drew admirers around the world.

Argentina's beef exports to China this year seen at pre-pandemic pace

30 Sep 2020

BUENOS AIRES Argentina is expected to export about 870,000 tonnes of beef to China this year, the main destination for the South American country's renowned red meat, matching last year's exports despite the global pandemic, a local meat chamber said on Wednesday.

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