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Private sector analysts cut their 2025 Mexican economic growth forecast to 1.0% from their December estimate. They also expect the peso to finish this year and next slightly weaker against the dollar.
Weaker Mexican growth and a softer peso reduce demand for imported feed ingredients, a modestly bearish factor for US grain and meal exports to Mexico.
reuters.comFeb 4, 2025Not enough comparable past events yet for a historical read.
After 117 past bearish macro events, Soybean Meal moved a median -0.6% over 5 sessions (41% higher; middle half -2.5% to +1.7%), and +0.5% over 20.
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.
