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Banco de la República raised its year-end 2026 inflation forecast to 7.1% from 6.9% and cut its growth forecast to 2.0% from 2.5%. The bank held its policy rate at 12.25% on October 30 in a 4–3 vote; it cited labor costs, strong aggregate spending, El Niño and the Middle East conflict among inflation pressures.
Higher inflation and interest-rate uncertainty can affect the peso and the local financing and import costs faced by feed buyers. The announcement has no direct change to agricultural supply or demand.
theintelligent.com.coLuis Fernando AguilarNov 8, 2026Not 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.
