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LME three-month copper rose toward $9,610 a tonne, nearing its highest since 2011, as the dollar weakened and supply concerns in Chile grew. Other base metals also rose on strong demand and Chinese production curbs.
This is a base metals story with no direct effect on feed grain or oilseed supply, so it has little bearing on feed buyers' costs.
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.