Argentine Oilseed Union Threatens Strike at Soy Processing Plants
2025-02-27 16:56
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Wedoany.com Report-Feb 27, Argentina's main oilseed union, SOEA, has announced a potential national strike in soybean processing plants, citing a salary dispute with Vicentin. Secretary Martin Morales of SOEA revealed that Vicentin must settle February wages, with the strike potentially affecting other unions. Vicentin has paused its operations but continues to pay rent for its facilities, which are now occupied by other companies. After discussions with Vicentin executives, the company indicated it may face challenges in paying worker salaries beyond February. Morales emphasized that following a Santa Fe court ruling last week, which found an agreement between Vicentin and its lenders unconstitutional, no new rental agreements for March and beyond have been signed. This situation complicates labor negotiations, potentially impacting workers' pay and conditions. Thestrike could have far-reaching consequences for workers and the broader labor market in Argentina.

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