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On November 3, during the US midterm elections, Argentina's official and blue dollar rates both closed at 1,570 pesos. Country risk reached 829 points and Argentine bonds and shares fell.
Argentine financial stress can weaken the peso and affect Argentine farm exporters' dollar flows, but the effect on world feed prices is marginal.
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.