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The baht hit a seven-month low of 31.17 per dollar on January 30 as investors worried about the coronavirus outbreak, according to Kasikorn Research. Thai growth may fall below 2.5% this year, and the University of the Thai Chamber of Commerce estimates losses of THB 80-100 billion mainly from tourism.
Thailand's weaker growth outlook and tourism losses point to softer domestic demand, a macro signal with limited direct impact on feed 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.