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The Mexican peso closed at 18.60 per dollar after gaining 1.2%, its strongest day since April and the second-best performer among major currencies behind the Chilean peso. The move followed Democratic control of both US congressional chambers and remarks by President Trump ruling out immediate strikes on Iran and confirming ongoing talks.
US stock indexes also rose, with the Dow up 3.0%.
A firmer peso reduces the local-currency cost of dollar-denominated feed ingredients imported into Mexico. Lower oil prices tied to Iran de-escalation also ease energy and freight costs for feed buyers.
eluniversal.com.mxTláloc PugaNov 5, 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.
