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Citi's July survey projects the Mexican peso could weaken to MX$17.92 per US dollar in the second half of 2026. The forecast cites USMCA annual reviews, tariff risks and a narrowing 275-basis-point rate gap between Banxico and the Fed.
A weaker peso raises the local cost of US-priced feed grains and meal imported by Mexico. Feed buyers may need to plan for higher landed costs in late 2026.
mexicobusiness.newsJul 23, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
