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Mexico's central bank raised its key interbank interest rate from 7.25 percent to 7.5 percent, citing expectations of a U.S. rate increase. The move was reported by AP on February 8.
Higher Mexican interest rates raise financing costs for livestock and feed operators and tend to support the peso, a modest macro influence on Mexican feed demand.
apnews.comFeb 8, 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.
