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Mexico's peso fell 0.8 percent on Monday amid worries over the NAFTA renegotiation, with the seventh round of talks coinciding with renewed tension between Mexico and President Trump over the border wall. Chile's IPSA index led Latin American stock losses, dropping 1.3 percent, with lithium miner SQM down nearly 3 percent.
Currency and equity stress in Mexico tied to NAFTA uncertainty can raise the cost of imported feed ingredients priced in dollars for Mexican buyers, though the direct link to feed grain prices is weak.
reuters.comFeb 26, 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.
