
The Bank of Thailand reported that the Thai economy continued to recover in July 2023, with private consumption and investment rising and foreign tourist arrivals increasing. Merchandise exports declined, mainly in electronics and agricultural products, while headline inflation edged up on higher energy prices.
Weaker Thai export demand for agricultural products and a shrinking trade surplus weigh modestly on the baht and regional feed-related trade flows, with limited direct effect on feed commodity prices.
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.