Commodities

Free Marketeer Leading Argentine Election Seen Rocking Commodities

  • Libertarian zealot Javier Milei won Sunday’s key primary vote
  • He’d scrap farm taxes and rip away intervention in oil markets

Javier Milei.

Photographer: Anita Pouchard Serra/Bloomberg
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Javier Milei, a libertarian outsider who’s taken a surprise lead in the race for Argentina’s presidency, would shake up the country’s powerhouse commodity industries like none of his rivals.

Argentina is a top crop and beef exporter, and the world’s fastest-growing lithium producer. It also sits on copper and shale oil and gas riches, and has potential to bring plenty of those resources to global markets.