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The Buenos Aires Times reports that Argentina expects a flood of hard currency, around US$30 billion over the next six months, driven by surging oil output and a strong crop harvest. The Central Bank has begun buying dollars to add US$8 billion to reserves, a new IMF programme condition.
Milei has warned that rapid reserve accumulation could inject pesos and fuel inflation.
Heavy farm export flows strengthen the peso and push the central bank to buy dollars, which keeps the currency firm and supports Argentina's export earnings. A strong harvest sold abroad adds to global soymeal and grain supply, which is bearish for feed prices.
batimes.com.arJames GraingerApr 22, 2026Not enough comparable past events yet for a historical read.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
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.
