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Mexico's peso rose 0.4% on Wednesday, recovering from its biggest daily decline in nearly a month, while the IPC stock index gained 0.8% to reach 2-1/2 year highs. Trading across Latin American currencies was subdued due to a Brazilian holiday.
Currency moves in Mexico and Brazil affect the cost of imported feed ingredients and the competitiveness of Latin American grain and meal exports, but this is routine daily market commentary with no major new driver for feed prices.
in.investing.comApr 21, 2021in.investing.comApr 21, 2021Not enough comparable past events yet for a historical read.
Not 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.
