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Goldman Sachs cut its 2019 Mexico growth forecast to 1.5 percent from 1.7 percent, the lowest among major Latin American economies it covers. The IMF also cut its 2019 Mexico forecast to 2.1 percent, and the article highlights weak productivity growth and political uncertainty under a new president.
Weaker Mexican growth points to softer demand for meat and feed inputs over time, and uncertainty about the peso could affect import costs for feed buyers.
thedialogue.orgMar 15, 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.
