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Activity at Argentina s Vaca Muerta shale reserve slowed by health worker protests

2 Min Read BUENOS AIRES, April 13 (Reuters) - Production and other activity around Argentina’s huge Vaca Muerta oil and gas reserves in Patagonia were affected on Tuesday by health care workers who blocked roads as part of a protest to demand better wages amid the COVID-19 pandemic, according to sources and officials. The protests generated work stoppages and local fuel shortages, according to a local industry source. Labor strikes are common in Argentina, where companies are hard-pressed to grant wage increases in line with double-digit inflation “More than 30 production teams had to stop drilling or completing wells,” said the source who asked not to be named.

UPDATE 2-Argentine soy crop seen at 43 mln T vs previous 44 mln T estimate -exchange

4/8/2021 (Adds details from report, context) BUENOS AIRES, April 8 (Reuters) - Argentina s 2020/21 soy crop is expected at 43 million tonnes, the Buenos Aires Grains Exchange said on Thursday, citing lower-than-expected yields caused by dry weather earlier this year as the reason for cutting its previous 44 million-tonne estimate. The South American country is the world s biggest exporter of soymeal livestock feed, used to fatten hogs and poultry from Europe to Southeast Asia. During the last three weeks, harvest results are below expected yields and even historical averages, reflecting the impact of the water deficit during the months of February and March, the exchange said in its weekly crop report.

UPDATE 3-Argentine soy crop seen at 43 mln T vs previous 44 mln T estimate -exchange

4/8/2021 By Maximilian Heath BUENOS AIRES, April 8 (Reuters) - Argentina s 2020/21 soy crop is expected at 43 million tonnes, the Buenos Aires Grains Exchange said on Thursday, citing lower-than-expected yields caused by dry weather earlier this year as the reason for cutting its previous 44 million-tonne estimate. The South American country is the world s biggest exporter of soymeal livestock feed, used to fatten hogs and poultry from Europe to Southeast Asia. During the last three weeks, harvest results are below expected yields and even historical averages, reflecting the impact of the water deficit during the months of February and March, the exchange said in its weekly crop report.

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