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Bank of England Governor Mark Carney said a more severe Brexit shock would likely push sterling lower, raise inflation and slow growth. He added the BoE would support the economy through the transition.
The remarks were made at an event unveiling a new 20-pound banknote.
Expected sterling weakness under a harsh Brexit affects UK import costs and dollar-priced feed purchases marginally. Grain and meal price implications are minimal.
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.