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The British pound fell to about 1.2735 against the dollar, near two-month lows, as Brexit talks stalled. Betting markets put the odds of a no-deal Brexit at around 50%, up from 35% in October.
Investors are buying options to protect against sterling weakness in November and December.
Brexit uncertainty drives currency volatility that affects the relative competitiveness of UK and dollar-linked feed purchases, but it has little direct effect on feed supply.
poundsterlinglive.comNews, Data, ForecastsOct 30, 2018Not 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.
