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Peruvian economist Melvin Escudero warned that higher fuel prices and El Niño-related disruptions to agriculture could keep food prices elevated in the coming months. He said inflation is rising across several economies, including Brazil, the US, the UK, France and several Asian countries.
He added that Peru's central bank may need to consider new measures if price pressures persist.
Higher energy costs raise freight, fertilizer and processing expenses for feed producers, while El Niño-driven crop and fishery disruptions tighten feed ingredient supply, supporting prices for protein and grain feed inputs.
infobae.comAlejandro Delgado TongNov 5, 2026After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
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.
