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The Federal Reserve Board published its H.10 weekly foreign exchange table for December 11 to 15, 2023, showing rates against the US dollar for major currencies. The Brazilian real, Mexican peso, Canadian dollar, and South African rand moved within a narrow range during the week, with the yen and euro firmer by mid-week.
Currency moves against the dollar shape the cost of imported feed ingredients and the competitiveness of exporters such as Brazil and Argentina, but this routine data release shows only modest changes for the feed complex.
federalreserve.govDec 18, 2023Not 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.
