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Bloomberg reports the rand has averaged a loss of more than 2% against the dollar in August since 1997, making it historically the weakest month for the currency. Traders expect a similar pattern this year, with questions over the South African Reserve Bank's policy stance adding to pressure.
Seasonal rand weakness raises the local-currency cost of dollar-priced imports, which can support South African feed buyers' costs. The effect on global feed prices is limited.
bloomberg.comMpho HlakudiJul 31, 2026
moneyweb.co.zaMpho Hlakudi, BloombergJul 31, 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.
