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Sterling has gained over 5% against the dollar in three weeks as no-deal Brexit fears faded after the EU agreed a third extension to January 31. Markets are now pricing risks from a December UK election, with Betfair giving the Conservatives over 80% odds.
Lawmakers approved the government's timetable for a Brexit law.
Election risk and sterling volatility affect dollar-based commodity pricing for UK buyers at the margin. There is no direct effect on feed supply or demand.
rte.ieRTÉ NewsOct 29, 2019Not 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.
