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The pound rose above $1.30 as hopes grew that UK and EU negotiators could salvage post-Brexit trade talks. Britain said a no-deal exit would follow in about 10 weeks unless the EU made concessions.
Improved odds of a trade deal support sterling and reduce the risk of tariff disruption on UK-EU agri-food trade, which is a modest factor for feed commodity flows.
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.