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A fund manager's trip notes report that political concerns in Colombia have eased after the health and pensions reforms were expected to be watered down and finance minister Ocampo appears secure. The report also notes that Colombian inflation remains stubborn, partly due to rising food prices after heavy rain and mudslides.
A firmer Colombian peso would lower the local cost of imported feed ingredients, while persistent food inflation points to pressure on domestic feed and food demand.
ninetyone.comMar 29, 2023Not 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.
