Argentine farmers, facing peso uncertainty, hoard soya despite high prices - Markets

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

• Apr 20, 2023Argentine peso hits record low in black market as economy creaks-5.0%
• Nov 20, 2023Argentina's black market currency traders brace for uncertainty+1.1%
• Aug 12, 2019Argentina farmers digest primary election shock, wait to export despite weaker peso-0.6%
• Jul 15, 2022Runaway price hikes has soy farmers hoarding all they can | Buenos Aires Times-10.3%
• May 16, 2018‘Start selling so dollars come in,’ Argentine soybean farmers are told-1.3%

After 123 past bullish macro events, SOY moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Oct 28, 2025Yuan hits 1-year high on upbeat stocks, trade deal hopes - Markets - Business Recorder+4.9%
• Oct 27, 2025China’s yuan jumps to one-month high on positive trade developments with US - Markets - Business Recorder+5.6%
• Aug 12, 2019Argentina farmers digest primary election shock, wait to export despite weaker peso-0.7%
• May 16, 2018‘Start selling so dollars come in,’ Argentine soybean farmers are told+1.2%
• Jan 28, 2018U.S. dollar impacts grain prices - Agweek | #1 source for agriculture news, farming, markets-0.7%

Not enough comparable past events yet for a historical read.