ARGENTINE

The union that gathers the workers of the vegetable oil crushing started a strike on May 04th 15:00 after the negotiations concerning salary increases failed to reach an agreement.

No indication on how long it will last.

The terminals affected at Rosario port:

- Cargill VGG

- Cargill Pta Alvear

- Dreyfus Gral Lagos

The terminals affected at Bahía Blanca port:

- Cargill

- OHMSA/GLENCORE

At the moment there is no sign for agreements.

WHEAT

Current export tax 23%

Upriver (280/78/12pro)

MAY (15k parcel) Seller usd 228

Necochea (280/78/11,5pro)

MAY/JUN Seller usd 225

FEED BARLEY

Current export tax 20%

NECO/BBCA

JUN (One Argentine port 25K) Seller usd 190

MAIZE

Current export tax 20%

Upriver

MAY No seller

JNE Seller +63cN

JLY Seller +58cN

AUG Seller +53/52cU

Panamax

JUL Seller +70cN

Completion lots

AUG NECO Seller +70/68cU

JUN/JUL BBL Seller +90/85cN

SORGHUM

Current export tax 20%

JNE/JLY Seller +75cN

SOYBEANS

Current export tax 35%

NEW CROP (ARG/URU)

JUN Seller +37sN

PARAGUAYAN SOYBEANS (FOBST Upriver/Nueva Palmira)

MAY-20 Seller +65sN

JUN Seller +65sN

JUL Seller +65sN

BRAZILIAN CORN (cargo market)

AUG Seller +60cU STS/TUB

AUG-15 Seller +58cU STS/TUB

SEP Seller +55cU STS/TUB

OND Seller +50cZ STS/TUB