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The dollar rose to 18.8148 pesos in Mexico on October 29, the highest level since August 2025 and the highest of 2026, after gaining 0.8% in a day. The Federal Reserve kept interest rates unchanged during the week of October 24 to 30, 2026, and gasoline prices continued to fall.
A stronger dollar against the peso makes US-priced feed ingredients more expensive for Mexican buyers, which can weigh on import demand for corn and soybean meal. The rate move is a currency signal and does not by itself shift grain supply.
mundonow.comNov 1, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
