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The Mexican peso rallied about 2% against the dollar on Thursday as voters prepared for the presidential election that weekend. The currency has slid nearly 9% since March, when leftist candidate Andres Manuel Lopez Obrador rose in the polls.
A peso rally ahead of the vote eases import costs for Mexican feed buyers, though a sharp post-election move could reverse it. Currency swings change the landed cost of US feed grains and meal sold into Mexico.
markets.businessinsider.comGina HeebJun 28, 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.
