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The South African rand hit its strongest level against the dollar in three and a half years on January 26, touching 16 per dollar for the first time since June 2022. It was boosted by record precious metal prices and optimism about the country's economic outlook.
A stronger rand lowers the local-currency cost of dollar-priced imports, while the broader weak-dollar trend can support dollar-priced commodities, so the effect on feed ingredient costs is modest.
reuters.comSfundo ParakozovJan 26, 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.
