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Banxico cut its policy rate by 50 bps from 9.50% to 9% on March 27 and opened the door to further cuts of similar size. The board said inflation risks are skewed upward while trade tensions create downside risks.
Lower Mexican rates weaken the peso, making US feed imports more expensive for Mexican buyers and modestly reducing demand for US grain and meal.
fxstreet.comChristian Borjon ValenciaMar 27, 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.
