
The Argentine mayorista dollar traded near ARS 1,514 this week while parallel rates ran at premiums of roughly ARS 1,535 to 1,607. The central bank bought only about US$8 million on Tuesday and gross reserves fell to about US$49.7 billion.
The Treasury plans a dollar-linked Lelink exchange of about ARS 5.43 trillion due at month-end.
Weak reserves and a shaky Treasury rollover can push the peso lower, which tends to encourage Argentine farmers to sell grain and oilseeds faster and can weigh on export prices for soybean meal and corn. The impact on feed prices is limited unless the rollover fails.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.