Colombia's central bank raised its 2026 inflation forecast to 7.1% and its 2027 forecast to 4.8%, and now expects the 3% target to be reached only in 2028. It cut its 2026 GDP growth forecast to 2.0% and its 2027 forecast to 1.7%, citing labour costs, household and government spending, El Niño and service price adjustments.
Higher-for-longer local inflation and a slower economy can keep the central bank's rates elevated and affect the peso, which matters for the cost of domestically sourced feed inputs.
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.