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The Colombian peso has risen about 4% against the US dollar this year, trading at 2,862.45 per dollar on June 14. Emerging-market investors are forecasting it will be a top performer in 2018, citing carry trade appeal, higher oil prices and the political backdrop.
A firmer peso reduces the local cost of Colombian feed imports and tends to support demand for oil-linked and imported feed inputs, though the effect on grain prices is limited.
marketwatch.comAnneken TappeJun 6, 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.
