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Sterling traded at $1.3489 against the dollar, close to its one-month low, and was steady against the euro at 87.34 pence. The Bank of England had held rates after a narrowly split vote, and markets were pricing a growing chance of a cut.
A soft pound on rate-cut expectations is a currency move with no direct supply change for feed ingredients, so its effect on grain and meal prices is minor.
reuters.comNiket NishantFeb 24, 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.
