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Sterling jumped to a 19-month high against the dollar after exit polls pointed to a large Conservative majority in the UK election. Markets read the result as providing clarity for an orderly Brexit.
A firmer pound reduces the sterling cost of dollar-priced feed imports, but the effect on feed prices is modest.
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.