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The South African Reserve Bank cut its main lending rate by 25 basis points to 6.75% at its first meeting since the inflation target was lowered. The move eased concerns that the new target would stop the bank from cutting rates.
Lower rates reduce the rand's appeal to carry investors, which tends to weaken the currency and raise the local cost of imported feed ingredients. The effect on global feed prices is modest.
reuters.comKopano Gumbi, Sfundo Parakozov, Anathi MadubelaNov 20, 2025Not 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.
