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Argentina's economy is likely in recession after a third-quarter contraction, according to economists, with household consumption falling sharply under President Milei's austerity policies. Some 32,300 businesses closed between December 2023 and July, per Fundar, and a Buenos Aires sock maker reports sales down around 40%.
Weakening Argentine domestic demand and a stressed peso-era economy can reduce local feed and livestock demand, while political pressure ahead of the 2027 election adds currency and policy uncertainty for feed buyers.
investing.comNov 2, 2026Not 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.
