“Market strangulation” and “excessive cost increases”: the owners of Granja Tres Arroyos detailed their downfall before the courts

Granja Tres Arroyos, formerly Argentina's largest poultry company, has formally filed for a preventive bankruptcy process. Company leadership, including president Joaquín De Grazia, cited a combination of market strangulation and excessive cost increases as the primary drivers behind the firm's financial decline in filings submitted to the judiciary.

Separately, workers at the Terminal Cuenca del Plata (TCP) in the Port of Montevideo have initiated an indefinite strike. This action marks the first work stoppage at the terminal since the executive branch established new protocols for maintaining minimum services during labor disputes.