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Argentina's parallel and official dollar exchange rates have converged for the first time since 2019, when capital controls were imposed to defend the peso. Companies can now access dollars to pay for imports more easily under the eased controls.
Easier access to dollars lowers the cost of importing inputs and reduces pressure on the peso, which affects Argentine crush margins and farmer selling behaviour for soy and corn. The impact on global feed prices is limited.
reuters.comLeila MillerMay 16, 2025Not 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.
