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Mexico's stock exchange and peso sold off on investor uncertainty over President-elect López Obrador's policies. The peso fell 1.1% to 20.62 per dollar, with cited triggers including Trump's border threats, pension-fund reform proposals and mining concession plans.
Political-risk-driven peso weakness raises the local cost of imported feed ingredients for Mexican buyers, though the effect on grain prices is modest.
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.