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Colombia's central bank board held its benchmark rate at 9.5%, citing higher prices for processed foods and regulated items such as gas and transport. Year-end inflation estimates remain above the bank's 3% long-term target.
Rates held high keep the peso supported on carry but limit feed-demand growth from domestic consumers. The effect on grain and meal prices is minimal.
reuters.comNelson Bocanegra, Carlos VargasMar 31, 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.
