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Bank of America's Athanasios Vamvakidis forecasts sterling will reach $1.43 by end-2025 and $1.54 by end-2026, returning to pre-Brexit levels. Sterling is near $1.34 and has gained about 7% this year as the dollar sold off over Trump's tariff regime.
A firmer pound and weaker dollar shift the relative cost of US feed ingredients for UK and European buyers and can support dollar-denominated grain and oilseed prices. The effect on feed prices is indirect and modest.
cnbc.comChloe TaylorApr 30, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
