
The rand was steady at about 16.39 to the dollar on Tuesday as markets monitored anti-immigration demonstrations. South Africa posted a May trade deficit of 1.79 billion rand and a budget deficit of 14.62 billion rand.
Inflation expectations rose sharply in the second quarter, and the fuel ministry said July fuel prices would fall.
Domestic data and protest risk have little direct bearing on grain or feed prices. The main link is that lower crude prices would ease South African fuel and transport costs.
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.