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The Mexican peso strengthened against the dollar on a low-volume session in Mexico, which was closed for the Day of the Dead holiday. Market sentiment improved on hopes for easing Middle East tensions.
A stronger peso lowers the local-currency cost of imported feed ingredients, while reduced Middle East risk eases the energy-driven cost pressures on feed and freight.
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.