Argentina held its national election yesterday, including the multi-candidate presidential race. The results are in: no candidate garnered the necessary 45 percent to win outright so the election will move to a 19 November two candidate run-off. The two qualifying candidates are current Economy Minister Sergio Massa and Chamber of Deputies member Javier Milei. Compared to the open primary, Massa gained a considerable share of votes, while Milei held stagnant.
Patricia Bullrich, the third-place vote getter in the primary yesterday, was eliminated, earning just 23.8 percent of the vote. Her votes are now up for grabs. Bullrich is an economic conservative from the Juntos por el Cambio (Together for Change) party. In that regard, she shares...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
