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The South African rand was stable on Thursday after the finance ministry withdrew a planned value-added tax increase due to take effect next month. Investors were still waiting for clarity on the broader budget plans.
With the currency steady, import costs for USD-priced feed ingredients are not moving sharply on this news, so the price implication for feed buyers is limited.
reuters.comTannur AndersApr 24, 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.
