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Capital Economics expects the Colombian peso to weaken further. The brief note offers no detailed data or specific drivers in the provided text.
A weaker peso lowers Colombia's import costs in dollar terms only marginally for feed buyers, so the effect on feed ingredient prices is limited.
capitaleconomics.comCapital Economics EconomistOct 24, 2018Not 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.
