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The Colombian central bank held its overnight lending rate unchanged at 12.25% at its October meeting, in line with most analyst expectations. The decision was split 4-3, with three members voting for a change.
A hold after a split vote signals a cautious policy stance amid weak growth, which can weigh on the peso and affect Colombia's import costs for feed ingredients. The impact on feed commodity prices is limited.
Not 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.