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Sterling fell as much as 0.7% against the dollar to $1.21, its lowest since November 2023, as gilt yields rose for a sixth day. Investor concerns about Britain's fiscal sustainability drove the move.
Currency moves in sterling have limited direct effect on grain and oilseed prices, so this is a background macro signal for UK-based feed costs.
reuters.comSamuel IndykJan 13, 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.
