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The rand rose as the dollar index fell more than 0.2% to 107.88, after the currency had hit its weakest level since September 2020 earlier in the week. Mining shares weighed on the Johannesburg bourse while bank stocks held up.
Routine currency moves like this have only a small effect on feed import costs, since the rand is still weak against the dollar overall.
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.