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The IMF cut its 2017 growth forecast for Peru to 2.7% from 3.5%, citing a political bribery probe linked to Odebrecht and the worst floods in decades. Several infrastructure projects are on hold while the country works on flood reconstruction.
Weaker Peruvian growth and investment slightly reduce regional feed demand, but the effect on global feed prices is small.
bnamericas.comMay 27, 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.
