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SCB EIC cut its 2025 Thai growth forecast to 1.5% and its 2026 forecast to 1.4%, warning of a possible technical recession in the second half. It expects the central bank to cut rates twice more, to 1.25%.
Sharply weaker growth and private consumption point to lower domestic demand for animal protein and feed in Thailand, a bearish signal for feed-ingredient demand.
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.