# Argentina's Mauricio Macri puts bad days in the rearview mirror, but a familiar foe looms

> Argentine President Mauricio Macri has opened the economy, removed export tariffs, liberalized the exchange rate and adopted inflation targeting, earning investor support. The government is expected to forecast stronger growth and lower inflation for 2018 later in the month, while former president Cristina Fernandez de Kirchner poses a political risk.

- Date: 2017-09-03 · published 2017-09-03T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/69215-argentina-s-mauricio-macri-puts-bad-days-in-the-rearview-mirror-but-a-familiar
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Export tariff removal and a freer exchange rate shape Argentina's export flows of soy complex and grains, but this is broad economic commentary with no immediate price shock for feed markets.

## Read by commodity

- SBM: neutral
- USDARS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-04-23 | [Milei Defies Forecasts So Far as Argentina’s Peso Strengthens](https://feedsoft.ai/events/25430-milei-defies-forecasts-so-far-as-argentina-s-peso-strengthens.md) | -1.0% | -1.0% |
| SBM | 2024-06-25 | [Milei’s push to rebuild Argentina’s foreign reserves grinds to a halt \| Buenos Aires Times](https://feedsoft.ai/events/30075-milei-s-push-to-rebuild-argentina-s-foreign-reserves-grinds-to-a-halt-buenos.md) | -1.8% | -7.4% |
| SBM | 2018-12-20 | [Factbox: Four reasons why Argentina's economy buckled in 2018 \| Reuters](https://feedsoft.ai/events/61830-factbox-four-reasons-why-argentina-s-economy-buckled-in-2018-reuters.md) | -1.3% | +2.4% |
| SBM | 2024-10-30 | [Argentina's Milei Taps Unseasonal Source in Search of Dollars: Shock Therapy \| Financial Post](https://feedsoft.ai/events/28129-argentina-s-milei-taps-unseasonal-source-in-search-of-dollars-shock-therapy.md) | -0.8% | -4.8% |
| SBM | 2025-07-31 | [U.S. dollar exchange rate in Argentina hits all-time high of AR$1,380 - Buenos Aires Herald](https://feedsoft.ai/events/24045-u-s-dollar-exchange-rate-in-argentina-hits-all-time-high-of-ar-1-380-buenos.md) | +2.6% | +11.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/08/31/argentinas-mauricio-macri-puts-bad-days-in-the-rearview-mirror-but-a-familiar-foe-looms.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.