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Thai stocks and the baht rose on November 8, 2021 ahead of a Bank of Thailand policy decision, with a Reuters poll expecting rates to hold at 0.50% until 2023. The baht was the region's worst performer in 2021, down more than 9% against the dollar, and the rupiah also strengthened.
Thai rate policy and currency moves affect the cost of imported feed ingredients and the outlook for domestic livestock and poultry feed demand. The price impact on grains is small.
financialpost.comReutersNov 8, 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.
