
Argentines are rushing to buy black-market dollars as real interest rates fall below zero and fears of another sovereign debt default grow. The peso hit a record 118 per dollar in informal exchange houses on Thursday, up from 107 the previous day.
Central Bank rate cuts and expected money printing to fund social spending are adding pressure.
Peso weakness and rising inflation expectations raise Argentine feed and grain input costs in pesos and can spur farmer selling or holding of crops, affecting export availability. Currency depreciation typically makes Argentine soy products cheaper on world markets.
Tras 73 eventos neutral de macro pasados, Harina de soja se movió una mediana de -0,3 % en 5 sesiones (44% al alza; mitad central entre -1,9 % y +2,1 %), y -1,6 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.