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The South African rand was flat in early trade on Wednesday at 17.8550 per dollar. Pressure is mounting on Pretoria to sign a trade pact with the United States before new tariffs take effect.
Currency weakness from tariff uncertainty raises the local cost of imported feed inputs for South African buyers, while the rand's direction also affects export competitiveness for South African agricultural goods.
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.