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Porkcolombia warned that a proposed increase in VAT from 5% to 19% on major inputs—including corn, soybeans, soybean meal and compound feed—would raise production costs for pig farmers. The group says VAT refunds commonly take at least six months and can exceed a year, creating a significant cash-flow burden, especially for small and medium-sized producers.
Higher taxes on feed inputs would raise working-capital needs and potentially increase pork production costs, adding upward pressure to feed and pork prices if producers pass costs through.
agronegocios.coJuan Diego MurciaNov 10, 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.
