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Analysts forecast the Thai baht will weaken, citing sluggish growth, higher freight costs and disagreement over interest rate cuts. They expect it to trade between 36 and 36.50 per US dollar this month.
A weaker baht makes dollar-priced feed imports more expensive for Thai buyers. Higher freight costs add a further layer to landed feed prices.
thethaiger.comAlex MorganMar 1, 2024Not enough comparable past events yet for a historical read.
Not 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.
