
Market consensus cited by El País expects the peso to trade in an 18 to 20 per dollar range in 2026 with a slight bias toward depreciation. The currency ended 2025 stronger, breaking below 18 per dollar, and analysts point to weak growth, Banxico's policy and US rate decisions as key drivers.
A stable peso keeps Mexican feed import costs predictable, while any depreciation toward 20 per dollar would raise the local cost of dollar-priced grains and meals. Feed buyers should watch the range for pricing changes.
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.