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Argentine financial assets fell again on November 5, with the MSCI Merval down 3.1% and bonds lower, as country risk hit its highest level in a year. Activity data showed a slowdown with fears of a technical recession after the third quarter.
Weaker Argentine activity and tighter liquidity can reduce peso demand and pressure local crushing and export margins, a modest factor for soymeal and soyoil pricing.
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.