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Commonwealth Bank strategists expect the Australian dollar to climb back to US80 cents by mid-year, citing their view of commodity prices and interest rate differentials. The currency traded at US76 cents on Tuesday.
This is a currency forecast with limited direct effect on feed supply or demand; a firmer AUD would marginally reflect stronger commodity prices but does not change grain balances.
afr.comSarah TurnerApr 13, 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.
