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Argentina's financial market stayed weak on Tuesday, with country risk above 800 basis points at a one-year high. The MSCI Merval index fell 1% after a 12.63% drop over the previous six sessions seven straight negative sessions.
A new local ETF tracking the MSCI Merval began trading, and analysts linked the pressure to Argentina's domestic economy and to US midterm elections that could affect President Milei.
Financial stress in Argentina can weaken the peso and affect the willingness of local exporters to sell soymeal and corn, which can add modest pressure to Argentine feed export prices. The direct effect on global feed prices is small.
gbm.comNov 3, 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.
