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The rand retreated on Friday after recent strong gains, trading at 17.94 per dollar, about 0.7% weaker than Thursday's close. Dollar strength and uncertainty over US tariffs weighed on the currency.
Analysts expected short-term consolidation between 17.70 and 18.00.
A weaker rand raises the local-currency cost of imported feed ingredients for South African buyers. The effect on global feed prices is minimal.
marketscreener.comReutersMay 30, 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.
