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Thailand's Finance Ministry cut its 2021 GDP growth forecast to 1% from 1.3%, its fourth revision this year, after a deadly Covid-19 wave. It forecast 4% growth for 2022, supported by exports and tourism.
Weaker Thai growth reduces local demand for imported feed inputs marginally, though the effect on global grain and meal prices is small.
ajot.comBloombergOct 28, 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.
