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The rand strengthened as a weaker US dollar lifted equity and emerging-market sentiment. Local equities closed lower on the day despite the currency gains.
Dollar weakness and firmer emerging-market currencies lower the local cost of imported feed inputs for South African 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.