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Colombia's central bank voted 4-3 on October 30 to keep its overnight lending rate at 12.25%, against analyst expectations of a 25-basis-point hike. The board also authorized a direct purchase of $2 billion in foreign currency from the national government to strengthen reserves.
A hold plus a dollar purchase eases pressure on the peso and supports reserves ahead of a volatile December, which can ease import costs for feed buyers. The currency effect is the main channel for feed commodity pricing in Colombia.
latinpost.comCamila MorenoNov 2, 2026Not 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.
