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Thailand's baht is on track for its worst January since 2020, losing nearly 4% against the dollar. Global funds are pulling money out of Thai assets amid a public dispute between the government and the central bank over how to stimulate the slowing economy.
A weaker baht raises the cost of dollar-priced feed ingredients imported into Thailand, which can pressure local feed mill margins. The effect on global feed prices is small.
bloomberg.comDavid FinnertyFeb 1, 2024Not 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.
