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The Singapore dollar rose to a 10-month high against the ringgit, reaching RM3.2204 on September 9. Rising US yields and risk-off sentiment pushed investors toward Singapore's currency as a regional safe haven.
The divergence reflects currency-specific flows and has no direct link to feed commodity supply or demand. A weaker ringgit against the Singdollar marginally raises costs for Malaysian buyers of imported feed.
Not 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.