
The rand traded near 17.17 per dollar, about 0.2% weaker, after South Africa's producer inflation rose to 2.9% year on year in October from 2.3% in September. Producer inflation for meat and meat products climbed from 17.2% to 17.4%, driven by lingering effects of foot and mouth disease.
Higher domestic producer prices, especially for meat, point to continued disease-related pressure on South African livestock supply. For feed buyers, the direct price effect on grain and feed markets is limited.
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.