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The baht fell sharply against the dollar after Finance Minister Predee Daochai resigned less than a month into his tenure, citing illness. Local reports linked the exit to a dispute with the deputy finance minister over filling top posts.
The stock exchange also sold off, though only slightly.
Political uncertainty in Thailand weakened the baht, which raises the cost of dollar-priced imports for Thai feed buyers.
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.