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The peso closed at 18.5669 per dollar, a 1.44% gain according to Banxico closing data. It posted its largest appreciation against the dollar since April 8 after Democrats won a decisive victory in the US midterm elections.
The dollar index fell 0.25% to 101.60.
A stronger peso lowers the local-currency cost of imported feed ingredients for Mexican buyers, while a weaker dollar can modestly support dollar-priced grain and meal. The move reflects risk sentiment and is unlikely to shift grain prices on its own.
forbes.com.mxForbes México StaffNov 4, 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.
