
The dollar fell 4.3 pesos in early trading in Chile, quoted near 965.6 to 965.9. The drop followed Democratic gains in the US midterm elections, which reduced political uncertainty, and a decline in oil prices on hopes of an end to the Iran war.
A weaker dollar and lower oil prices reduce inflation pressure and can lift dollar-denominated commodity prices. For feed buyers, the effect is modest, but a softer dollar generally supports import affordability.
Not enough comparable past events yet for a historical read.
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.