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Colombia's peso fell 3.9% to close at 3,830 per dollar, its biggest one-day drop since March 2020. The slide followed a poll showing leftist Senator Iván Cepeda with a wide lead in the presidential race, and dollar bonds also fell.
A weaker peso raises the local-currency cost of imported feed ingredients and pressures Colombian livestock and poultry margins. The move is driven by political risk rather than agricultural supply.
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.