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The Bank of Thailand kept its policy rate at 1.00% in a unanimous 7-0 vote and raised its 2026 growth forecast to 2.3%. The baht slid to about 33.40 per dollar, and officials flagged US rate risks, oil prices and inflation as threats to the outlook.
With the Thai rate held and the Fed leaning toward hikes, the rate gap keeps the baht weak, which raises the local cost of imported feed ingredients. The impact on global feed commodity prices is minimal.
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.