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Mexico faces mounting strain as the peso has plunged to record lows, inflation is rising, and the government has cut its growth forecast for four straight years. Foreign investors hold about $140 billion of Mexican local-currency government debt, and a credit-rating cut is possible.
Currency and financial stress in Mexico raises the cost of imported feed ingredients and tightens credit for feed and livestock operators, though the story is largely macro context.
gulf-times.comBloomberg/Mexico CityDec 10, 2016Not 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.
