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Bank Negara Malaysia said investor risk appetite in global markets improved in October on signs of progress in US-China trade talks and the Brexit deal. The ringgit gained 0.2 per cent against the US dollar over the month, and the FBM KLCI rose 0.9 per cent.
Stronger risk appetite and a firmer ringgit lower the local cost of dollar-priced feed imports, a modest support for Malaysian 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.