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The Bank of England kept its policy rate at 3.75% on July 30, voting 6-3, with Catherine Mann joining Megan Greene and Huw Pill in backing a hike to 4%. Governor Andrew Bailey said the bank is waiting for a clearer sign of how much the US-Iran war will raise inflation.
He also said markets' pricing of a later-2026 hike mostly reflected the risk of further escalation.
For feed buyers the effect runs through currency and borrowing costs rather than grain directly. A firmer sterling and higher UK rate expectations can shift import costs for UK feed users and the dollar-sterling conversion of commodity prices.
streetinsider.comJul 30, 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.
