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The Colombian peso strengthened 0.67 percent against the dollar to 2,851 after presidential primary results showed a strong performance by Ivan Duque. Local Treasury bond yields fell to 6.238 percent from 6.278 percent.
A stronger peso lowers the local-currency cost of imported feed ingredients for Colombian buyers, though the effect on global grain and meal prices is minimal.
reuters.comMar 12, 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.
