
Colombia’s agricultural association SAC warned that a proposed tax reform would raise VAT on livestock feed from 5% to 19% and apply 19% VAT to inputs including fertilizer, pesticides, technical assistance, insurance and seeds. SAC said feed makes up about 75% of livestock production costs, while inputs can exceed 42% of potato production costs.
Higher taxes on feed and farm inputs could raise production costs, potentially weakening livestock-feed demand and adding upward pressure to meat and crop prices if costs are passed through.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
After 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.
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.