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Bank Indonesia says it will keep intervening in foreign exchange markets so the rupiah reflects fundamentals. The rupiah fell about 0.5% to 16,460 per dollar, a one-month low, as investors moved out of riskier assets after the US strike on Iran's nuclear sites.
Rupiah weakness raises Indonesia's import costs for feed ingredients and fuel, which can weigh on local feed buyers' margins. The effect on global grain and oilseed prices 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.