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A US State Department country commerce overview describes Colombia as an attractive investment destination with a 50 million population and natural resources. It notes that the economy was likely heading for its first recession since 1999 after COVID-19 quarantines and an oil price collapse.
It also cites the US-Colombia trade agreement in force since 2012.
The document is background reference material rather than a new shock, so it offers little direct signal for feed prices. Colombia's recession and weaker oil revenue are a slow-moving demand and currency backdrop for the region.
2021-2025.state.govSep 9, 2020Not 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.
