A Hudson Bankers report expects foreign buyers in Chile, Colombia and Peru to take advantage of weaker local currencies in deal-making. Local investors are reportedly cautious and focusing on real estate.
The Chilean peso, Peruvian sol and Colombian peso have all weakened against the dollar since mid-2018, partly due to US-China trade tensions.
This is a corporate M&A story with little direct effect on feed supply, demand or prices. It only indirectly touches commodity markets through currency weakness in major Andean exporters.
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.