Loading…
The Mexican peso weakened slightly to about 18.59 per dollar on Tuesday, after gaining 1.1% on Monday, its best daily performance since April. Investors are focused on the US midterm elections, which will determine control of Congress, and on tensions between Washington and Tehran.
Reuters polling expects Banco de México to hold its rate unchanged on Thursday.
A firmer or weaker peso changes the local-currency cost of imported feed ingredients such as corn, soybean meal and DDGS for Mexican buyers. Expectations of a rate hold support near-term currency stability, so the price effect on feed costs is limited.
forbes.com.mxForbes México StaffNov 3, 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.
