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Minutes of the Bank of England's Monetary Policy Committee said it did not want to signal that a negative bank rate was imminent, while asking the PRA to prepare firms for one. Money markets moved to price a negative rate by February 2022.
Monetary policy signals move sterling and gilt yields but have no direct price implication for feed ingredients.
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.