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BNamericas reports Colombia is beginning to see economic benefits from its 2016 peace accord and a tax reform in force this year, with infrastructure spending of 61bn pesos planned. The IMF cut its 2017 Colombia GDP growth forecast to 2.3% from 2.6%, and 12-month inflation fell to 4.69%.
Weaker growth and falling inflation in Colombia point to a softer peso-currency outlook and limited direct impact on feed commodity demand; the story has little bearing on grain or meal prices.
bnamericas.comApr 18, 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.
