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The rupiah closed above Rp14,200 per dollar on December 22 ahead of the installation of new cabinet ministers. Analysts expect a positive market reaction, with USD/IDR forecast to trade between 14,100 and 14,210, while concerns over a new coronavirus variant persist.
Currency moves tied to domestic political sentiment have little direct effect on feed commodity prices, so the impact for feed buyers is minor.
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.