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Porkcolombia warned that Colombia’s proposed Economic Rescue Bill would raise VAT on key inputs—including corn, soybeans, soybean meal, and compound feed—from 5% to 19%, while pork would remain VAT-exempt. The association said delayed VAT refunds could strain producers’ cash flow and increase production costs, and it supported taxing live-pig sales to encourage formalization.
Higher taxes on feed ingredients and slow refunds could raise working-capital and production costs for hog producers, potentially pushing up pork prices. The proposal could also increase demand for imported pork if domestic costs rise relative to imports.
iarepublica.comNov 7, 2026After 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 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
After 37 past bullish policy events, Lean Hogs moved a median +0.0% over 5 sessions (51% higher; middle half -2.8% to +0.9%), 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.
