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The Bank of England held rates steady in a 5-4 vote, with the narrowest possible margin. Governor Bailey's statement dropped its gradual-and-careful language and signalled further cuts if disinflation continues.
A more dovish BoE tends to weaken sterling, which raises the cost in pounds of dollar-priced feed ingredients for UK buyers. The effect on feed prices is small.
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.