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Colombia's peso has held up despite economic and political woes after the central bank delivered a larger-than-expected rate hike on Jan. 30 and signaled more increases.
The government is also buying dollars to build its cash reserves.
Higher rates sustain the carry trade that supports the peso, which limits near-term pressure on Colombian import costs for feed ingredients. The effect on grain and oilseed prices is minimal.
bloomberg.comNicolle YapurFeb 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.
