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Mexico's economy contracted 0.3% in the third quarter from the prior three-month period, according to preliminary data released Thursday. It was the first year-on-year quarterly decline since 2021, with industrial activity slowing.
A weaker Mexican economy reduces demand for imported feed grains and meal, and it strengthens the case for central bank rate cuts that can pressure the peso.
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.