
Colombia’s pig sector welcomed the removal of the 19% VAT on pork, which is expected to lower retail prices and encourage consumption. Producers also warned that rising corn and soybean input costs could erode the benefit and threaten production sustainability.
The tax exemption could stimulate pork demand, while higher feed costs squeeze producer margins and may limit supply. The competing effects leave the net price impact uncertain, though feed-cost pressure supports corn and soybeans.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 26 past neutral policy events, Lean Hogs moved a median -0.9% over 5 sessions (38% higher; middle half -2.6% to +1.7%), and +0.2% over 20.
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.