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Bank Indonesia cut its 7-day reverse repo rate by 25 basis points to 5.50% on May 21, resuming easing to support a slowing economy. The rupiah had recovered more than 3% after hitting a record low against the dollar in April.
A weaker local rate outlook and a firmer rupiah modestly change Indonesian import costs for feed ingredients, with limited direct price impact on global feed commodities.
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.