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Experts forecast the USD/VND exchange rate will remain stable in the second half of 2023 after a period of volatility. The dong has traded in a range of 23,240 to 23,630 per dollar so far this year, and Vietnam's foreign reserves have been rebuilt.
A stable dong keeps Vietnamese feed importers' costs predictable for ingredients bought in dollars. This means no strong pressure on feed prices from currency moves.
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.