The Ides of May

ARGENTINA - Report 18 May 2026 by Joaquin Cottani

In Roman tradition, the Ides of March evoke foreboding and anxiety, while the Ides of other months, such as May, suggest cautious optimism. At this time in May, Argentina’s economy resembles the latter more than the former. April was a better month than March, and May’s economic results are expected to improve further on April’s. The question is whether this relative calm can continue in the coming months, especially once the liquidation of the coarse grain harvest ("cosecha gruesa", mainly of soybeans) ends in June.

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