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Analysts say the Bank of Thailand may need to cut rates by up to 100 basis points over the next year, which would be the most aggressive easing in Southeast Asia. The central bank estimates the trade war could reduce GDP growth by up to half a percentage point.
Growth has averaged below 2% over the past decade.
Rate cuts would likely weaken the baht, raising the local cost of dollar-priced feed imports. The effect on feed prices is indirect and gradual.
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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.