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The Thai baht gained more than 1% to its highest level since late September after Thailand ended quarantine rules for vaccinated visitors from 10 low-risk countries. Other Asian currencies were subdued, with the South Korean won hitting its lowest level in over a year.
Currency moves in Thailand and Korea have little direct effect on global feed grain or meal prices, so the impact on feed buyers is limited.
Not enough comparable past events yet for a historical read.
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.