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Britain and the EU struck a pessimistic tone in post-Brexit trade talks on December 17, with a UK spokesman saying no agreement was 'very likely' unless the EU changed its position. Both sides were trying to protect roughly a trillion dollars of trade from tariffs and quotas when the transition period ends on December 31.
Without a deal, tariffs and quotas on UK-EU trade would apply from January, raising costs for feed and food imports. The article shows no direct effect on grain prices.
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.