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The Mexican peso weakened 0.48% against the dollar on Monday despite strong Mexican labor and trade data. Investors remained cautious over US-China trade tensions, and USD/MXN traded near 19.58.
Currency moves of this size have little direct effect on feed prices, though a weaker peso would raise the local cost of imported grains and meal for Mexican buyers.
octaafrica.netApr 29, 2025Not 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.
