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The pound touched its lowest level in more than two weeks against the dollar and euro on November 1. Uncertainty over the Bank of England's policy stance and a post-Brexit dispute with France over fishing weighed on it.
Rising German and US inflation had already repriced rate expectations in those markets.
Sterling weakness against the dollar makes dollar-priced commodities marginally more expensive for UK buyers. The impact on global feed prices is small.
reuters.comSujata RaoNov 1, 2021Not 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.
