
Analysts say Mexico's resilient GDP growth in the fourth quarter weakens the case for further rate cuts by Banco de México, whose decision is due Thursday. They cite peso depreciation of just over 6% so far in 2026, persistent services inflation and Middle East tensions that could push up energy prices.
Higher-for-longer Mexican rates support the peso and raise financing costs for feed producers and livestock operators. Energy-driven inflation risk also adds to input cost pressure for animal feed.
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.