Argentine peso hits record low in black market as economy creaks

After 44 past bullish macro events, Soybean Meal moved a median -0.6% over 5 sessions (34% higher; middle half -1.9% to +0.9%), and -2.9% over 20.

• Apr 11, 2021Argentine farmers, facing peso uncertainty, hoard soya despite high prices - Markets - Business Recorder-0.1%
• Nov 20, 2023Argentina's black market currency traders brace for uncertainty+1.1%
• May 21, 2018What multinationals should monitor in the aftermath of Argentina’s peso crash+1.1%
• Aug 1, 2025Argentine Peso Posts Worst Month Since Milei’s 2023 Devaluation+3.3%
• Mar 29, 2023Argentina: “Blue” dollar reaches AR$ 397 — MercoPress+0.2%

After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Sep 12, 2024Brazilian market has firm prices and new area cut in the summer corn crop+4.9%
• Jul 13, 2022Crop Markets, Pork Export Markets, Economic Outlook - Pork Checkoff-11.6%
• Jun 26, 2018Argentine agriculture investments could prove elusive-2.3%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+1.1%
• Aug 2, 2024Dollar hits four-month low as weak US jobs data boosts rate cut bets-0.6%

Not enough comparable past events yet for a historical read.