
Banxico's Q1 2026 report cut its 2026 Mexican GDP growth forecast from 1.6% to 1.1%, citing a considerably weaker first quarter and weak investment likely until the second half. It raised 2027 growth to 2.1% and kept its Q4 2026 headline inflation projection at 3.5%, with upside risks to inflation.
Weaker Mexican growth and a steady rate stance reduce demand for imported feed-related inputs and keep the peso under pressure, which can make US feed exports to Mexico relatively more expensive for buyers.
Not 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.