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The Australian dollar held near a 14-month high of 0.6724 on expectations of Reserve Bank of Australia rate hikes. The RBA's December meeting notes said tighter policy was possible if inflation stayed high.
Markets were looking ahead to February rate speculation and Q4 CPI data.
Expected RBA tightening supports the Australian dollar against the US dollar, a currency move that can marginally shift Australian export pricing. Feed grain prices are not materially affected.
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.