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The IMF forecasts Colombia's economy will grow 3.5% in 2019 and 3.6% in 2020 after three years of underperformance. Analysts expect domestic-led growth alongside shrinking oil production to strain external and public accounts, with the central bank likely to keep rates steady.
Colombia is a modest feed importer, so the growth outlook has little direct price impact on grains or meals; the weaker oil sector and external debt pressure mainly affect the peso.
doi.orgApr 30, 2019Not 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.
