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The Thai baht weakened to 33.848 per dollar on July 23, its lowest level in 15 months, before closing near 33.80. The move followed a stronger dollar and Middle East tensions around the Red Sea and Strait of Hormuz.
Geopolitical-driven dollar strength raises the local cost of imported feed ingredients in Thailand, which can dampen demand for them.
thethaiger.comPloy Piti-isariyapornJul 25, 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.
