Loading…

Peru's government plans to issue up to $11.56 billion in bonds in 2021, based on a projected exchange rate of 3.46 soles per U.S. dollar. The issuance is planned mainly for the domestic market but could also be sold internationally depending on conditions.
Large sovereign issuance is a fiscal and currency story with little direct effect on feed commodity supply or demand, so its impact on feed prices is minimal.
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.