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UK firms are seeking more flexible ways to hedge foreign exchange exposure amid coronavirus uncertainty and the end-2020 Brexit deadline. Some options cost more upfront.
The article describes corporate hedging behaviour.
Heavier hedging costs for UK buyers can modestly affect the cost of importing feed inputs, but the effect on commodity prices is small.
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.