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The Mexican peso fell to its weakest level in nearly 10 months after the passage of the US tax overhaul, which raised fears that Mexico could lose foreign investment. Mexico's central bank sold an additional $500 million in currency contracts, but the peso did not rally.
Consumers say prices for staples and natural gas have risen.
A weaker peso raises the peso cost of imported US feed ingredients and energy for Mexican buyers, which can squeeze feed margins and dampen demand for US grain and meal.
npr.orgCarrie KahnDec 28, 2017Not 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.
