Financial Times FT.com

Argentine farmers plan show of force

By Jude Webber in Buenos Aires

Published: May 16 2008 23:08 | Last updated: May 16 2008 23:08

Argentina’s farm strike on Friday night headed for another week of stalemate after producers extended their action until next Wednesday and the government refused to negotiate.

The action over higher export tariffs, which for two months has paralysed grain exports from the world’s third-biggest producer of soyabeans, sixth biggest producer of wheat and leading exporter of soya oil, continued to push up international soyabean prices amid the global food crisis.

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