
FXStreet reports the peso gained about 23% against the dollar in 2025, driven by dollar weakness, carry trade inflows and domestic fundamentals, reaching 17.88 per dollar in late December. The outlook flags Banxico easing, possible Bank of Japan hikes, carry trade unwinding and USMCA review risks as sources of volatility in 2026.
Risks of carry trade unwinding and USMCA tensions could push the peso weaker, raising the cost of dollar-priced feed imports for Mexican buyers. The effect on feed prices depends on how far the currency moves.
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.