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Sterling gave back its earlier gains against the euro and dollar after the Bank of England held rates at its neutral stance. GBP/USD slipped to the 1.304 area as traders reacted to the decision and the Brexit outlook.
Currency moves in sterling have only a modest indirect effect on feed ingredient costs for UK 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.