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The Mexican peso weakened on Tuesday after two sessions of gains, closing down about 1.6% at 18.8585 per dollar, the worst performer in a Reuters basket. US job openings rose more than expected in September, and markets are awaiting Banco de México's rate decision on Thursday.
A weaker peso increases the local cost of dollar-priced feed imports for Mexican buyers. The move reflects currency positioning and US labor data rather than a change in grain supply.
gbm.comNov 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.
