Loading…
Argentine President Alberto Fernandez's government has introduced measures to relieve citizens, but inflation reached about 54% in 2019, the highest since 1991. Official figures show January inflation slowing, though the trend is still high.
Persistent Argentine inflation and currency pressure affect the peso and the incentive for farmers to sell soy and grain, which can influence export availability and soymeal prices.
aljazeera.comNatalie AlcobaMar 3, 2020After 73 past neutral macro events, Soybean Meal moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +2.1%), and -1.6% 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.
