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A Reuters poll found analysts expect Colombia's central bank to cut its benchmark rate by 25 basis points to 9%. The expectation follows a sharper-than-expected slowdown in inflation.
Three of the surveyed analysts expected the bank to hold rates steady.
A rate cut would reduce the appeal of peso assets and could weaken the currency, though the effect on feed grain and protein prices is minimal. It is a domestic monetary signal with little bearing on commodity supply or demand.
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.