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The official retail dollar in Argentina climbed to around 1,560 pesos at Banco Nación, a new high for the year. Despite the nominal rise, the exchange rate's cumulative move remains below overall consumer price inflation.
A weaker real peso and a rising official dollar shape the cost of imported feed inputs and Argentine export competitiveness, which can influence crush and export selling decisions for soy products.
Not 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.