Capital Economics expects the Colombian peso to fall to 4,600 per dollar by end-2026 from about 4,039 today. It cites a fragile fiscal position that could worsen before next year's election and a likely widening of the current account deficit.
That would make the peso Latin America's worst-performing major currency.
A weaker peso raises the local cost of imported feed ingredients and tends to push up the cost of dollar-priced inputs for Colombian buyers. The forecast is a currency call with little direct effect on global feed prices.
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.