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Analysts surveyed by Citi expect the peso to trade at 18 per dollar at the end of 2026 and weaken further to 18.50 per dollar by the end of 2027. Forecasts vary widely, with some respondents anticipating a rate near 20 pesos per dollar by the end of 2027.
A weaker peso would raise the cost in Mexico of imported feed ingredients priced in dollars, all else equal. The forecast signals currency risk for buyers rather than a change in commodity supply or demand.
conven.orgNov 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.
