
Banxico cut its policy rate by 25 basis points to 6.25%, with three members voting in favor and two preferring no change. It raised its fourth-quarter 2026 headline inflation forecast from 3.5% to 3.7%, while retaining its expectation that inflation will converge to 3% in late 2027.
The rate cut may reduce support for the peso and increase the local-currency cost of imported feed ingredients, while higher inflation forecasts underscore the risk of persistent domestic cost pressures. The article does not report a specific commodity-price move.
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.