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The Colombian peso has reversed part of its rally as speculation grows that the government's rush of dollar sales is ending. The currency had hit a three-year high earlier in the week on those sales.
Central bank or government dollar sales that strengthen the peso can lower the local cost of imported feed ingredients for Colombian buyers, so a reversal would slightly raise the cost of dollar-priced feed imports.
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.