Loading…
Meat prices in Argentina rose about 5% after Javier Milei won the presidency, while the street value of the peso fell 12%, hurting consumers' purchasing power. The article describes household effects of currency weakness in Buenos Aires.
Peso weakness raises local food inflation, which is a background factor for Argentine domestic livestock and feed demand but has little direct effect on world feed prices.
nytimes.comNov 24, 2023Not 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.
