Argentina has an upcoming Presidential election in October. Candidates in Argentina run in an open, or what is called in the U.S. a “jungle,” primary as is done in a couple of states for Senate and Congressional races (Georgia and Louisiana). The top individual vote getters move to the general election. That primary was a couple of weeks ago, and as a result, there will be three candidates in the general election per the results of the primary.
Given the total party votes, especially between Milei and Bullrich at nearly 58.7 percent of the total, it looks like the general will be a race between Milei and Bullrich; if no candidate gets 45 percent of the vote, the race will go to a December runoff. What is significa...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
