Overview

• Javier Milei landed in Buenos Aires after his New York trip, touting U.S. backing and moving to personally lead La Libertad Avanza’s push toward the October 26 legislative elections.
• Amid accusations that exporters filed sales without holding grain, ARCA chief Juan Pazo denied any leak of the policy and said firms will need to buy about US$4 billion in the next 90 days to meet their commitments.
• Producers and opposition lawmakers pressed for the application of law 26.351 to police export filings, arguing the short window excluded many farmers and favored a handful of large grain houses.
• Governors in the Provincias Unidas bloc called a September 30 summit in Chubut to coordinate a response to the brief zero-duty scheme and set a common provincial agenda.
• Market stress eased after Washington signaled financial support — reported as a potential US$20 billion swap — following a week when the BCRA sold roughly US$1.11 billion and the risk spread rose above 1,400.