Bloomberg News

Argentine Soybean Crushing Workers Reach Agreement Over Pay

November 27, 2011

Nov. 25 (Bloomberg) -- Argentina soybean crushing workers in Santa Fe province reached an agreement with companies for a 20 percent pay rise and annual bonuses, said a union official who declined to be identified by name.

The workers in the San Lorenzo area ended a strike on Nov. 3 after the government ordered compulsory talks, which ended in agreement late yesterday, the official said by telephone today. The pay accord affects about 4,000 workers.

About 70 percent of Argentine soybean crushing takes place in the San Lorenzo area.

To contact the reporter on this story: Laura Price in Buenos Aires at lprice3@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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