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The peso recovered to around 18.6 per dollar as Mexico’s annual inflation accelerated to 3.75% in October, above the 3.65% forecast. The higher-than-expected inflation reading could prompt a more restrictive Banxico stance, although the central bank had recently cut its policy rate to 6.25%.
A potentially more restrictive rate outlook can support the peso and reduce the local-currency cost of imported feed ingredients. The article describes currency and interest-rate effects rather than a direct shift in commodity supply or demand.
de.tradingeconomics.comIsabela CoutoNov 9, 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.
